The fundraising figure for venture capital trusts (VCTs) for the 2017/18 tax year was £728m, the highest level recorded in over ten years and the second highest in history, according to new data from the Association of Investment Companies (AIC).
The sector raised £728m between April 2017 and the end of the tax year on 5 April 2018, the highest amount since the inception of the VCT and an increase of 34% on the previous year's £542m figure. ...
Industry Voice: Investment priorities are changing. More and more people are concerned both with the investment returns they can make on their savings, and whether their money is being managed in a sustainable way.
Targeting cautious investors
Effective from 2 January 2019
Barry O'Dwyer and Campbell Fleming, both senior figures at Standard Life Aberdeen, are to become non-executive directors of Phoenix Group.
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