FTAdviser latest:UK innovation boosted by VCTs, suggests AIC

Government backing of venture capital trusts (VCTs) is vital for supporting the UK's enterprise economy, according to research carried out by the Association of Investment Companies (AIC).

Popularity of VCTs expected soar

VCT managers are predicting much-improved fundraising in 2010, boosted by small companies' limited access to bank loans and changes to income tax and pension relief.

VCTs on the up

The prospects for the venture capital trust sector are looking up, according to Matt Taylor, a partner with environmental investments specialists Foresight Group.

Ventus VCTs tap investors for £10m

Ventus VCT and Ventus VCT 2 are seeking to raise £10m to plug a financing gap in the renewable energy sector.

Amati appoints Eddie Edmonstone for £14m fund raising

Amati Global Investors has appointed Eddie Edmonstone as a director to manage the £14m fund raising for the Noble AIM venture capital trust (VCT).

Stellar offers 2% discount on technology EIS

Stellar has offered investors a 2 per cent discount on initial fee for investment on its Technology enterprise investment scheme (EIS) fund until the end of February.

EIS tax reliefs continue on Oxford Capital fund

HM Revenue & Customs (HMRC) has assured Oxford Capital that its Oxford Gateway Approved Enterprise Investment Scheme fund will benefit from tax reliefs in 2009 to 2010, according to chief executive Ted Mott.

Calculus praises benefits of EIS tax relief

The case for higher rate taxpayers putting money into an enterprise investment scheme fund is compelling, according to Susan McDonald chairman of Calculus Capital Fund.

Tax relief will drive demand for VCTs - survey

Investor demand for venture capital trusts is expected to surge this year, according to a survey from the Association of Investment Companies.

Investors to flock to VCTs this year, experts claim

Investor demand for VCTs will boom in 2010 due to a number of tax changes set to go into effect later this year, according to a survey by the Association of Investment Companies (AIC).

Features

Focus: Investment Trusts - Pickings are far from slim

The tax-free dividends available from VCTs make them an attractive option for higher-rate taxpayers looking to beat chancellor of the exchequer Alistair Darling’s budget.


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Ritzy proposal says it all

Albion Ventures was quite literally at the heart of one south London couple's future recently. Sarah Johnson and Chris Nielson were walking to work down Brixton Hill the other morning, when Miss Johnson spotted two familiar names 'starring in' The Proposal with the add-on "Hopefully" on the marquee at Brixton's Ritzy cinema, part of Albion's portfolio.


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Strictly warming up for a dance

Patrick Reeve, managing partner at VCT specialist Albion Ventures may be inspired to take to the tiles recently as contestants on the BBC’s Strictly Come Dancing have been frequenting gyms around the country, owned by the boutique.



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