|
|
Article: Aim rival Alternext expanding.
- Article from:
- Sunday Business (London, England)
- Article date:
- May 21, 2006
CopyrightCOPYRIGHT 2006 Sunday Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Ross Tieman
May 21--Alternext, the French alternative investment market modelled on London's Aim market for small companies, is proving a success.
In the 12 months since its launch, 35 smaller companies have floated on Alternext, 20 more will do so before the summer, and the market's capitalisation has reached E2bn ([pounds sterling]1.35bn, $2.56bn).
Though that pales in comparison with Aim's 1,500 stocks, Alternext, run by Euronext Paris, provides resounding evidence that not everybody in France is opposed to a market-oriented economy and society.
Middle-class private investors account for one-third of the money invested in ...