aim

By £10m

'Astonishing growth'

Warns of AIM bubble

The Alternative Investment Market (AIM) may offer the best opportunities for investors in today's uncertain financial climate, according to Noble Fund Managers.

Advisers will stick with AIM and smaller company funds despite current global market uncertainty, research suggests.

Arc Fund Management, the AIM listed asset manager, has bought financial advisory company Throgmorton Asset Management (TAM) for a sum in the region of £2.7m.

AIM has launched a free company reports service following disclosure rules introduced in February.

Brown Shipley, a private bank, has announced it will be offering its AIM Portfolio Service to outside investors for the first time.

Nicola Horlick, the high-profile City fund manager known as "Superwoman", is planning to bring hedge funds and other alternative investments to the masses, says The Independent.

UK life assurance group Just Retirement is intending to apply for admission to AIM and to raise approximately £50m through a placing of new ordinary shares.