OCTOPUS Investments has called on FTSE International to create three new AIM indices to provide greater transparency in what it believes is a varied and negatively perceived market.
Octopus wants three new indices: AIM UK, AIM Inter- national and AIM Collectives/ Investment vehicles. In the company’s opinion, the current indices (AIM All-Share, AIM50 and AIM 100) present skewed performance, are negatively affected by sector biases and are putting off private and institutional investment into the junior market. Richard Power, investment manager at Octopus Invest-ments, said that under current measurement AIM looks like it will underperform again, but this is not the real picture. Power said: “Octopus is not the only fund manager with an AIM portfolio that has...
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