On 19 June the Alternative Investment Market (Aim) celebrates its twentieth anniversary having grown from 10 companies at launch to more than a thousand. But this market has a chequered history with the FTSE Aim All-Share Index losing 9 per cent between 6 February 1998 (the earliest index data available) and 11 June 2015. Over the same period the FTSE All-Share Index returned 150 per cent to investors.
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