Pinsents, Memery Crystal and Carey Olsen top Aim rankings as market springs back to life

Pinsent Masons , Memery Crystal and Carey Olsen retained their podium places at the top of the overall Aim rankings as the market experienced a significant uptick at the end of 2013, according to the latest results from Adviser Rankings.

During the quarter running to 8 January 2014, Aim saw 33 new admissions – more than double the number admitted in the last quarter of 2012. The amount of money raised by new admissions also increased dramatically on the previous quarter, £576.2m as opposed to £273.4m. 

Pinsents maintained its 10-client lead on Memery Crystal with a total collection of 53 AIM clients. Meanwhile, Carey Olson saw its total drop by one client to 41 (6 November 2013 ). 

Other firms to increase their total Aim client yield include Kerman & Co, which snatched back fifth position after upping its total number of clients by three thanks to instructions from natural resources group Galleon Holdings, investment company Octagonal and UK Oil & Gas Investments. Field Fisher WaterhouseDLA Piper and Stephenson Harwood all also topped up their totals to advise 33 Aim clients apiece.

In the final quarter of 2013, DWF made its debut in the Aim rankings with a total of 19 clients. Among the most high-profile was Healthcare Investment Opportunities, which the firm advised on its acquisition of life sciences business Collbio, followed by its readmission to Aim. 

DWF’s national corporate head Stephen Houston said: “I think that the general outlook for Aim is good. The US economy is picking up and I expect we’ll see an increase in activity coming into Europe, from which Aim will benefit.” 

On the firm’s performance, he added: “Last year we created a new ECM team. As a firm that’s very much in transition, we’re trying to consolidate the experience of our partners on capital markets work.” 

There was little movement in the FTSE 100 Aim rankings, with Addleshaw Goddard swooping into the top spot despite its number of clients holding steady at six. 

Carey Olsen witnessed the biggest drop during the quarter, as its total number of FTSE 100 Aim clients fell from seven to four. The loss caused the firm to drop out of the top 16 firms by client market capital, despite raking in the third highest during the previous quarter. 

There was also a small amount of shuffling in the FTSE Aim UK 50 list, with Ashurst and Mayer Brown entering the top 10 firms – both with two clients on their books.

Aim rankings, February 2014
Total AIM clients      
Rank Feb ’14 Rank Nov ’13 Firm Clients Feb ’14 Clients Nov ’13
1 (1) Pinsent Masons LLP 53 (54)
2 (2) Memery Crystal 44 (44)
3 (3) Carey Olsen 41 (42)
4 (4) Lawrence Graham LLP 38 (39)
5 (6) Kerman & Co LLP 34 (31)
6 (6) DLA Piper LLP 33 (31)
6 (5) Field Fisher Waterhouse 33 (32)
6 (6) Stephenson Harwood 33 (31)
9 (11) Appleby 30 (28)
9 (6) Fasken Martineau LLP 30 (31)
11 (10) Norton Rose Fulbright LLP 27 (29)
12 (12) Berwin Leighton Paisner 26 (26)
12 (12) Eversheds LLP 26 (26)
14 (14) Osborne Clarke 24 (22)
15 (15) Travers Smith LLP 22 (21)
16 (15) Fladgate LLP 21 (21)
16 (15) Watson, Farley & Williams LLP 21 (21)
16 (19) Gowlings (UK) LLP 21 (19)
19 (15) K&L Gates LLP 20 (21)
20 _ DWF LLP 19 _
20 (19) Nabarro LLP 19 (19)
         
FTSE Aim 100 clients      
Rank Feb ’14 Rank Nov ’13 Firm Clients Feb ’14 Clients Nov ’13
1 (3) Addleshaw Goddard LLP 6 (6)
1 (1) Pinsent Masons LLP 6 (7)
3 (6) DLA Piper LLP 5 (4)
3 (3) Lawrence Graham LLP 5 (6)
3 (5) Osborne Clarke 5 (5)
6 (1) Carey Olsen 4 (7)
6 (6) Eversheds LLP 4 (4)
6 (10) Mayer Brown International LLP 4 (3)
6 (10) Olswang LLP 4 (3)
6 _ Wragge & Co LLP 4 _
11 (6) Bird & Bird 3 (4)
11 (10) Conyers Dill & Pearman 3 (3)
11 (10) Herbert Smith Freehills LLP 3 (3)
11 _ King & Wood Mallesons SJ Berwin 3 _
11 (10) Mourant Ozannes 3 (3)
11 (10) Slaughter and May 3 (3)
         
FTSE Aim 50 clients      
Rank Feb ’14 Rank Nov ’13 Firm Clients Feb ’14 Clients Nov ’13
1 (1) Osborne Clarke 5 (5)
2 (2) Addleshaw Goddard LLP 4 (4)
3 (4) Bird & Bird 3 (3)
3 (2) Pinsent Masons LLP 3 (4)
3 (4) Slaughter and May 3 (3)
6 _ Ashurst LLP 2 _
6 (6) DWF LLP 2 (2)
6 (6) Eversheds LLP 2 (2)
6 (6) Herbert Smith Freehills LLP 2 (2)
6 _ Mayer Brown International LLP 2 _
6 (6) Morrison & Foerster (UK) LLP 2 (2)
6 (6) Olswang LLP 2 (2)
6 (6) Wragge & Co LLP 2 (2)

Source: Adviser Rankings