AIM Report 2019

2 3 CONTENTS INTRODUCTION 01 FOREWORD 04 OPENING STATEMENT 05 REPORT OVERVIEW 06 EXECUTIVE SUMMARY 07 KEY FINDINGS MARKET RESEARCH 36 ADVISER SURVEY ANALYSIS 42 ADVISER ROUNDTABLE 46 INDUSTRY DEBATE 49 CONCLUSIONS MARKET UPDATE 09 FUNDRAISING UPDATE 14 A CLOSER LOOK AT AIM’S NEW RULES 15 CURRENT MARKET CONDITIONS 16 PORTFOLIO PERFORMANCE 21 HOW AIM BENEFITS FROM A LACK OF STAMP DUTY 22 AIM IN THE NEWS INDUSTRY ANALYSIS 51 TERMINOLOGY 52 QUANTITATIVE ANALYSIS 56 FEES AND CHARGES 59 OTHER KEY INVESTMENT METRICS 61 CONCLUSIONS CONSIDERATIONS FOR INVESTMENT 25 SMES AND THE ECONOMY 29 COMPANIES THAT HAVE RECEIVED BR, EIS, VCT FUNDING AHEAD OF AIM LISTING 30 PICKING THE STOCKS 32 FUTURE PROSPECTS AIM SOLUTIONS 63 AIM SOLUTIONS 69 PROVIDER COMPARISON 72 CONCLUSIONS 74 AIM SWOT ANALYSIS 75 APPENDIX 76 CPD AND FEEDBACK Intelligent Partnership is committed to the very highest professional standards as embodied by its accreditation and membership to these industry associations. FSC is a non-profit international organisation established to promote the responsible management of the world’s forests. Products carrying the FSC label are independently certified to ensure consumers that they come from for- ests that are managed to meet the social, economic and ecological needs of present and future generations, and other controlled sources. * Please note: unless otherwise stated, all charts and graphs have been provided by Intelligent Partnership 2019