Advertisement

Risk and Trading on London’s Alternative Investment Market: The Stock Market for Smaller and Growing Companies

  • John Board
  • Alfonso Dufour
  • Yusuf Hartavi
  • Charles Sutcliffe
  • Stephen Wells

Table of contents

  1. Front Matter
    Pages i-ix
  2. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 1-2
  3. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 3-4
  4. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 5-6
  5. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 7-30
  6. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 31-40
  7. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 41-48
  8. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 49-53
  9. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 54-57
  10. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 58-63
  11. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 64-72
  12. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 73-82
  13. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 83-86
  14. John Board, Alfonso Dufour, Yusuf Hartavi, Charles Sutcliffe, Stephen Wells
    Pages 87-92
  15. Back Matter
    Pages 93-111

About this book

Introduction

The alternative investment market (AIM) has seen rapid growth over its 19 years, and has emerged as the market of choice for smaller, newer companies, both in the UK and abroad. However, it has often had a volatile reputation among investors, who have commonly perceived stock in the AIM as more risky than the main market. In this book, a group of leading financial analysts conduct an extensive empirical study to compare the relative volatility of two UK equity markets run by the London Stock Exchange, over a ten year period. They analyse the comparative risks involved in the alternative investment market, the market of growing companies, and the 'main market', the market for more established companies. This book analyses the volatility of the alternative investment market, using a variety of techniques and approaches. It compares the volatility of stocks in the markets, exploring variables such as size, industry, age and market switches. Using refined methods to focus on the difference between the markets, the authors provide a convincing study to challenge the idea that the alternative investment market is higher risk than the main market.

Keywords

alternative investment market London Stock Exchange growing companies main market volatility Alternative Investment Investment Portfolio

Authors and affiliations

  • John Board
    • 1
  • Alfonso Dufour
    • 1
  • Yusuf Hartavi
    • 1
  • Charles Sutcliffe
    • 1
  • Stephen Wells
    • 1
  1. 1.ICMA CentreHenley Business School, University of ReadingUK

Bibliographic information