Cobbetts tops basic materials adviser on AIM
BIRMINGHAM-based law firm Cobbetts has been ranked the leading legal adviser to basic materials companies on the Alternative Investment Market (AIM) for the ninth consecutive quarter.
The firm said it now held three more clients than its closest rivals, global law firms Fasken Martineau and Watson, Farley & Williams, while the rankings, supplied by Hemscott, the independent provider of financial data, demonstrated Cobbetts’ continued dominance of the basic materials sector on AIM.
The basic materials sector covers companies involved with the discovery, development and processing of raw materials. These include the mining and refining of metals, chemical producers and forestry products.
Charles Bond, corporate partner at Cobbetts, said: “To be ranked number one once again is testament to the ongoing dedication and quality of work of our team in the basic materials sector, which has travelled extensively to promote the benefits of AIM to international companies – regularly visiting countries such as Russia, China and South Africa.
“Even as AIM continues to face keen competition from overseas junior markets such as Tokyo, Hong Kong and Singapore, and challenges as a result of the overall economic environment, we are experiencing a consistently high level of demand for our experience and expertise.
“The current state of the market bodes well for the future, and it is to be hoped that it will continue to attract high quality natural resources businesses in the coming months and years. Investor confidence is growing with the gradually strengthening economy, and appetite for listing on the resurgent market is certainly growing.”
