Taking AIM: How To Identify The Right AIM IHT Manager For Your Needs

Author:Mr Luke Barnett
Profession:MJ Hudson

In article, it is my pleasure to announce the publication of the inaugural edition of MJ Hudson Allenbridge's AIM IHT Spotlight Report. In order to put the report together, MJ Hudson Allenbridge conducted a comprehensive outreach programme to all identifiable AIM IHT Investment Managers. Although a small number did not provide the required data, we are satisfied that the list of participants provides an excellent representation of the market, as a whole.

The report covers a range of information, which investors will find vital, when assessing the managers most prominent in the AIM IHT market, from performance statistics to each manager's market outlook. We are excited to compile this information in one place, for the first time, and hope that this yearly release will prove valuable for investors.

Without giving too much away from the full Spotlight Report, below are some of the key highlights, but please do download the complete report, for the full picture.

The AIM All-Share Index has made a recovery from the lows seen at the end of December 2018, however, it is still well below the highs seen at the end of September, in the same year. And so it is notable that responses to the survey showed most managers cautious in their short-term focus. More specifically, it was noted that, as the vast majority of AIM listed companies are UK-centric, ongoing Brexit negotiations remain front and centre. Although it has been acknowledged that those AIM companies with operations abroad will benefit from a weaker Sterling, this appears to have been outweighed by the lack of clarity with regards to the UK's future relationship with the European Union.

That being said, the vast majority of managers pointed to more favourable valuations, following the widespread de-rating seen across many AIM-listed companies in the last months of 2018. As a result, those managers with a bottom-up approach to stock picking, and those managers who place a focus on strong company fundamentals, see plenty of buying opportunities in the market. Added to the potential for a continuation of supportive monetary policy, not only from the Bank of England but from other major central banks, some managers are of the belief that AIM will find some...

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