First London, the banking and asset management group, intends to shift its listing from the Plus market, which it joined last year, to Aim or even Euronext.

The move, slated for later this year, reflects the increasingly international nature of First London’s business and a strong improvement in its investment portfolio. First London sees itself in part as an old-fashioned merchant bank, whereby relationships play an important part in the growth of the business. The group specialises in the healthcare and the resources sectors, which it believes are “underserved” and have a strong growth opportunity.