LSE's Furse AIMs to be Top Capital Market
Clara Furse, CEO, London Stock Exchange, told women investors at the Babson held Power Investing: A Women's Roundtable that AIM—the 10 year-old LSE international market for smaller growing companies– has firmly established itself as the world's leading growth company market…..and here's the worth for Babson. AIM, says Furse, is the global market of choice for entrepreneurs—sixth largest in the world in its own right, and the U.S. has the largest number of companies (63) listed…worth $11 billion.
Furse also said that U.S. companies outperform the market making AIM, “a wonderful example of global capabilities in action.” According to Furse, London's underwriting fees are half that of the U.S. Last year London raised $55 billion in IPOs—more than Nasdaq and NYSE combined.
Babson Provost Patricia Greene welcomed Roundtable participants challenging them to become “value creators in the investment community.” She said that women must help decide which high growth companies in life sciences, technology, even art are worth the risk. “Go forth and power invest,” said Greene.