Anionic polymerizations of acrylates possessing 1‐pyrenyl (Py1), 1‐naphthyl (Np1), 2‐naphthyl (Np2), and 2‐fluorenyl (Fl2) groups as α‐substituents were investigated as well as the properties of the obtained polymers. Py1 and Np1 did not undergo polymerization, whereas Np2 and Fl2, annulated α‐phenylacrylates at 3,4‐position of the phenyl group, afforded homo‐oligomers and alternating copolymers with methyl methacrylate (MMA). The oligomer of Fl2 [oligo(Fl2)] exhibited strong excimer emission in diluted solution. In contrast, dominant monomer emission was observed for the alternating copolymer with MMA [poly(Fl2‐co‐MMA)]. In the alternating copolymer, MMA units could function as spacers preventing the association of pendant fluorene moieties to suppress the excimer formation. © 2014 Wiley Periodicals, Inc. J. Polym. Sci., Part A: Polym. Chem. 2014, 52, 2806–2814