RSM's capital markets team topped the fundraising league for newly-listed AIM companies in 2018, new figures show.
In total, RSM acted as reporting accountants on 7 AIM IPOs in 2018, the joint highest number among advisory firms.
RSM’s deals top the table both in terms of total funds raised on IPO and new company funds raised. These deals collectively raised £244m in new company money, 23 per cent of the annual total of just over £1bn.
In total, there were 42 AIM IPOs in 2018, down on 50 in 2017.
Diane Craig, RSM's head of capital markets said: 'Despite the economic uncertainty resulting from Brexit, the number of IPOs on AIM held up relatively well during the year, in particular in the first half of 2018, and we are delighted to have reached the top spot, in each of AIM IPO volume, total funds raised and new money raised.
'The outlook for AIM IPOs in 2019 remains uncertain, but we are hopeful that once we have found a way out of the political impasse, the appetite among quality middle market companies to go public will continue.'