IFA faith in AIM funds unflinching - study

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Advisers will stick with AIM and smaller company funds despite current global market uncertainty, research suggests.

A study conducted by Noble Fund Managers found more than a third of IFAs expect improved performance from the asset class in 2008. However, 40% of the 1,100 advisers surveyed said they were unsure about whether the market would improve or worsen, while 28% said they did not expect any progress. Paul Jourdan head of quoted investments at Noble and manager of its AIM Venture Capital Trust, says: “IFA opinion is divided over the outlook for smaller companies, which is understandable considering the current nervousness about stock markets in general. “Investing in smaller companies pays d...

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