VCT industry cautiously hope for budget boost

VCT investment is up 437%

clock • 4 min read
David Hall of the VCTA
Image:

David Hall of the VCTA

Venture Capital Trusts are currently on track for a bumper year with fundraising put in the fast lane thanks to the government’s decision to increase dividend tax rates next April.

However, eyes are now on the Chancellor's red briefcase to see if he will target VCTs to pay for the Covid bill, or make the regime more favourable as he pursues the levelling up agenda. AIC calls...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Janus Henderson strengthens ESG investment team with six new hires
ESG

Janus Henderson strengthens ESG investment team with six new hires

Led by Paul LaCoursiere

Nafeesa Zaman
clock 01 December 2021 • 2 min read
Chrysalis Investments is planning to raise £125m

Chrysalis to raise £125m to support portfolio expansion

Additional capital adds to £300m raised in March

Nafeesa Zaman
clock 01 December 2021 • 1 min read
David Potter, the former chairman of the Gresham House Strategic (GHS) trust, has written an open letter to all shareholders

Ex-chairman of Gresham House Strategic writes open letter to shareholders

David Potter resigned in June

clock 01 December 2021 • 2 min read
Trustpilot