Livingbridge's Wotton: AIM IPO market shrugs off Brexit jitters

Attractive opportunities

Laura Dew
clock • 2 min read

The AIM IPO market has been stronger this year than 2015 despite Brexit uncertainty, according to Wood Street Microcap fund manager Ken Wotton.

The £60m fund, run by Livingbridge's Wotton (pictured), focuses on small- and micro-cap UK companies which are less than £250m. Some two-thirds of the holdings are AIM-listed. It regularly participates in IPOs and the manager noted the AIM IPO market in 2016 has been "stronger than last year", despite the uncertainty caused by the European Union referendum. Research by Henderson Managed Investment Trusts in October found the value of UK companies coming to market this year has fallen to the lowest level since 2012 due to Brexit uncertainty and only 41 IPOs took place in the first nine...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Trustpilot