As is well known, one of the most attractive qualities of venture capital trusts (VCTs) is their ability to pay tax-free dividends.
Japanese equity markets have been tested by global market volatility so far this year.
The global financial crisis, and the related policy response, is drawing to a close. We are currently enjoying a short period of synchronised global growth and improving trade.
Stunting investment in UK
There were several credit rating changes in February that were significant for emerging markets (EM).
Since the end of 2007, European equities have underperformed US equities by 63% on a real total return basis (in local currency terms).