Friday, 22 March 2013 10:43
Guide launched to help advisers understand AIM opportunities
Old Burlington Investments is helping advisers understand AIM better with the launch of a new alternative investments guide.
The guide covers AIM (Alternative Investment Market) and the EIS (Enterprise Investment Scheme).
It provides a guide for advisers on the history of AIM, types of businesses listed and how investing via AIM differs to investing on the London Stock Exchange's main market.
This is particularly relevant following the Budget decision by Chancellor George Osborne to abolish stamp duty on AIM shares from 2014 and consult on AIM shares being eligible for stocks and shares Isas.
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Recent changes to the EIS have expanded the size of companies that qualify for funding and the amount firms can raise.
Old Burlington Investments said AIM companies could offer better liquidity than many other EIS opportunities and had an average takeover premium of 49 per cent in 2012.
Brett Williams, managing partner of Old Burlington Investments, said: "While advisers are becoming more knowledgeable of the EIS market, many are unaware that the scheme can be used to access new share issues on AIM.
"With some AIM businesses fundamentally undervalued and with recent changes in EIS legislation having pushed the small-cap market centre stage for investors, the opportunities are certainly compelling. Our guide aims to explain and clarify AIM and is intended to support advisers with new and existing clients."
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The guide covers AIM (Alternative Investment Market) and the EIS (Enterprise Investment Scheme).
It provides a guide for advisers on the history of AIM, types of businesses listed and how investing via AIM differs to investing on the London Stock Exchange's main market.
This is particularly relevant following the Budget decision by Chancellor George Osborne to abolish stamp duty on AIM shares from 2014 and consult on AIM shares being eligible for stocks and shares Isas.
{desktop}{/desktop}{mobile}{/mobile}
Recent changes to the EIS have expanded the size of companies that qualify for funding and the amount firms can raise.
Old Burlington Investments said AIM companies could offer better liquidity than many other EIS opportunities and had an average takeover premium of 49 per cent in 2012.
Brett Williams, managing partner of Old Burlington Investments, said: "While advisers are becoming more knowledgeable of the EIS market, many are unaware that the scheme can be used to access new share issues on AIM.
"With some AIM businesses fundamentally undervalued and with recent changes in EIS legislation having pushed the small-cap market centre stage for investors, the opportunities are certainly compelling. Our guide aims to explain and clarify AIM and is intended to support advisers with new and existing clients."
• Want to receive a free weekly summary of the best news stories from our website? Just go to home page and submit your name and email address. If you are already logged in you will need to log out to see the e-newsletter sign up. You can then log in again.
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