Albion hires investment manager as VCT season picks up
Demand for VCTs is expected to outstrip the bumper £731m raised in the last tax year
VCT
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Budget liquidity boost for EIS and VCTs could hit pension savers
DC schemes could be forced to allocate to UK start-ups
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Don’t KID yourself that VCTs are low risk
European regulatory disclosure focused around Key Information Documents is creating confusing messages around risk, argues Association of Investment Companies communications director Annabel Brodie-Smith.
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Priips creates unique problems for VCTs and EIS
Priips was intended to improve investors’ ability to compare investments, but tax-advantaged products highlight some of the confusion it has created in the process, according to MJ Hudson Allenbridge vice president Rotimi Ososami.
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Ex-OMGI equities head lands VCT appointment
Ex-Old Mutual Global Investors UK equities head Ashton Bradbury has been brought on board as a non-executive director on a Hargreave Hale VCT as parent firm Canaccord Genuity Wealth Management looks to boost its fund management business.
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VCT funding hits decade high
VCT funding has reached its highest level in more than a decade with three weeks still to go before the end of the tax year, according to figures from Wealth Club.
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VCT managers beef out tech teams
VCT managers are beefing out their tech teams as the scheme refocuses on earlier stage businesses.
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Albion VCTs fully subscribed under reduced target
Patient Capital Review changes implemented by the government mean Albion Capital has confirmed its VCT offers are fully subscribed at its new reduced target of £32m, shy of the £38m it initially hoped to raise.
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VCT demand up more than 50% year-on-year
Demand for venture capital trusts (VCTs) in the current tax year is exceeding that of last year, with some £474m already invested, according to analysis from Wealth Club.
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Seneca Partners to offer VCT
Seneca Partners has announced plans to expand its tax relief range with the launch of the Seneca Income & Growth Venture Capitalist Trust (VCT) during the first quarter of 2018.
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Booming VCTs hit 10-year fundraising high
Demand for venture capital trusts (VCTs) is expected to rocket this year after HMRC revealed fundraising in 2016/17 hit a 10-year high.
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PA ANALYSIS: How patient capital is more than just tax avoidance
Patient capital is having something of a moment – Woodford launched a trust dedicated to it, the government is reviewing it and fundraising for some of the vehicles neared record high in 2017, but is it all about the tax relief?
