Funds

Lessons from Silicon Valley's tech companies

Woodford Investment Management (WIM) has increased the initial fundraising limit for its Patient Capital trust from £500m to £800m in response to investor demand.

Venture capital trust (VCT) fundraising reached a nine-year high in the last tax year, according to the data from the Association of Investment Companies (AIC.)

Alliance Trust may find inertia its most powerful weapon in the attempt to fight off Elliott Advisors' proposals for change at the company.

Split capital trusts are regarded as higher risk by the industry but it is important to recognise the choice their unusual structure provides for investors, says Simon Crinage, head of investment trusts at J.P. Morgan Asset Management

Elliott Advisors has increased its voting stake in Alliance Trust in the run up to the trust's annual general meeting later this month.

Transact has reported record pre-tax profits for 2014 as it gains 10,000 new clients.

Alliance Trust's own corporate broker has admitted recent criticisms of the company have landed some "heavy blows" and has suggested a formal review of its business model.

UK smaller company investment boutique Amati has launched an AIM IHT portfolio service for investors looking to take advantage of UK government inheritance tax exemptions on shareholdings in certain qualified listed companies.

An SEIS fund aimed at exploiting the opportunities to be found among start-ups working within the gambling industry has been launched by a team of industry experts.