Today's most amusing press release in my in-box comes from a Chinese chef looking for funding for a chain of "luxury" restaurants in his home country.
Far be it for me to claim knowledge of what constitutes a “luxury” Chinese meal, but what I do know is it raises serious questions about the current direction and usefulness of the Alternative Investment Market, or Aim as it is known. A handy warning shot was fired across the bows of investors in the past week by F&C manager Catherine Stanley, who said there may be a growing case for Aim-listed companies or those considering listing on Aim to seek a full London Stock Exchange listing in order to attract more institutional money. This is because the looser listing rules for Aim-quoted co...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes