This, however, has been compounded by a lack of companies going public and London’s reputation as a global financial hub faltering in recent years.
As a result, companies listed on the Alternative Investment Market (AIM) have struggled, with investors turning their attention to the US and its mega-cap tech companies.
UK equities have now endured 36 continuous months of net selling, which is eating at investor confidence in the asset class and country.
Yet AIM’s inheritance tax benefits have helped to partially support flows in some parts of the market, noted Amisha Chohan, head of …