Financial Times FT.com

Aim ebb tide has not reached point of slack water

By David Blackwell

Published: July 9 2009 16:58 | Last updated: July 9 2009 16:58

News of a couple of fundraisings a month ago, coupled with an encouraging set of statistics for the month of May, suggested that the appetite for risk was making a comeback on Aim.

There is no doubt that more positive sentiments are swirling around the junior market, not least because since January 1 the Aim All-Share index has outperformed the FTSE 100 by 40 per cent. The latest statistics show that secondary fundraising on Aim in June totalled £398.7m, up from £365.8m in May and a highpoint of the year so far.

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