VCTs / EIS

THE net asset value per share of the Aberdeen Growth Opportunities VCT 2 has risen from 100.06p to 109p following the sale of three holdings.

BERINGEA is seeking to raise £15m in a C share offer for the ProVen VCT.

THE Government has moved to address industry concerns that offshore multi-tiered fund of funds' rules are overly complex.

A LACK of investor risk-taking has been blamed for a tumble in the net asset value of First State's AIM VCT, which plunged 4.77pc between March 1 and August 31.

UNICORN Asset Management founder and CEO Peter Webb is fighting to revive his company's fortunes with two UK retail launches planned for early next year.

PAUL Jourdan, manager of the First State AIM VCT, has reduced exposure to the oil and gas sector through the sale of two positions.