VCT fundraising almost doubles on last year

VCTs currently 'in the limelight'

Fundraising within the venture capital trust (VCT) sector is up by almost 50% on last year, as pension rule changes have led to increasing investor demand, according to the Association of Investment Companies (AIC).

Fundraising figures for the 2016/17 tax year to 17 February 2017 stood at £265m in comparison to just £186m during the same length of time the previous year. The regulatory body said this increase of...