A financial services company has launched on the Alternative investment Market (AIM) just four years after it was set up.

Ashcourt Holdings, based in Brighton Road, Newtimber, is now one step from a full London Stock Exchange listing.

The company provides regulated investment and financial planning services to individuals, trusts, charities and pension funds.

It has secured a place on the AIM, a higher risk investment market for small emerging companies, to help raise its profile.

The company's total funds now exceed £500 million.

John Morton, Ashcourt's chief executive, said: "Our move to AIM is a clear indication of our continuing commitment to grow and develop the business."

The company also has offices in London, Kings Hill, Hitchin, Ipswich, Winchester and Guernsey.

Friday July 02, 2004