Alternative Investment Market


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Related to Alternative Investment Market: Alternative investments

Alternative Investment Market

Any investment other than a stock, bond, or cash. Prominent examples include derivatives, hedge funds, real estate, and commodities. Most of the time, institutional investors and high net-worth individuals are the main holders of alternative investments. This is because they are subject to fewer regulations and are consequently riskier than most other investments. Alternative investments are rarely required to publish independently verifiable financial information. They also have particularly high minimum investments, which discourage casual investors. Alternative investments are controversial in many quarters. Because of the comparative lack of regulation and disclosure, they are subject to scrutiny from politicians and economic analysts. However, they often have high returns.

Alternative Investment Market (AIM)

a market for corporate STOCKS and SHARES that have not obtained a full STOCK MARKET listing. An unlisted securities market (USM) was established in the UK in 1980 in order to provide smaller companies with a means of raising new capital (see SHARE ISSUE) without the expense and the same formalities required by the main stock market. For example, such companies need only have a brief trading record to qualify and the proportion of their shares sold in the open market need only be 10% of their ISSUED CAPITAL instead of the usual 25%. The USM was phased out in 1996 and superseded by the Alternative Investment Market (AIM). AIM imposes no minimum on the percentage of a company's shares in public hands and no minimum trading record.

Alternative Investment Market

see UNLISTED-SECURITIES MARKET.
References in periodicals archive ?
Powerflute's shares have been listed on both First North and the Alternative Investment Market of the London Stock Exchange since February 2008.
BPE solicitors are specialists in helping clients enter the Alternative Investment Market. The firm, which has offices in Cheltenham and Birmingham, acts for a number of high-profile AIM listed clients including Hexagon Human Capital, The Jelf Group and Maxima Holdings.
SHARE IN THE FUTURE: The Alternative Investment Market - AIM - can offer smaller companies a better route to market capitalisation.
The company, which listed on the Alternative Investment Market in 2001, could be heading for further change, since it has appointed UBS to conduct a strategic review that could result in the betting element being sold off.
The firm, valued at about pounds 19million, set up in 1969 and floated on London's Alternative Investment Market in September.
A listing on the Alternative Investment Market should value the company at around EUR125m.
International Seafood Products Plc (ISP), the London, UK-based company which intends to establish a global intranet seafood trading system (CI No 3,692), plans to raise 2.12m pounds ($3.4m) in an initial public offering on London's alternative Investment Market (AIM) that will value the company at 11.7m pounds ($18.9m).
NORTH-WEST firms listed on the Alternative Investment Market (AIM) face "a year of consolidation and mergers", say leading accountants.
The firm, which is listed on the Alternative Investment Market, announced in April that it was selling Parys Mountain to Western Metals (WMT) for pounds 13.75m.
Shares in Halesowen-based investment company Bidtimes were temporarily suspended on the Alternative Investment Market yesterday after it failed to complete a reverse takeover.
Southern Cross had a momentous financial year, acquiring rival Ashbourne Healthcare in November 2005 and then floating on the Alternative Investment Market in July this year.
Two-thirds of the money needed to develop the plant has been secured from banks with the balance being raised by trading shares in the company on the Alternative Investment Market.

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