Aim popularity leads to capacity fears

Consultant believes Aim index has sufficient investment opportunties for burgeoning VCT market

Investors seeking to utilise the potential for a 40% tax rebate by investing in venture capital trusts face a vast array of choices, with the market for Aim trusts proving particularly competitive. The sector as a whole has seen a number of new launches and share offers from existing vehicles as fund management groups seek to attract business. A particular feature of this market has been launches by groups that have little previous VCT experience but with small- cap managers who have invested in the Aim index. Invesco Perpetual has Andy Crossley running an Aim-focused vehicle with appa...