Venture Capital Trusts have £400m in uninvested cash, of which £50m must be invested by the end of t...
Venture Capital Trusts have £400m in uninvested cash, of which £50m must be invested by the end of the tax year or risk losing tax relief, according to private equity network Hotbed Ltd. The firm said VCTs are out of favour with investors due to their variable investment performance and inability to place funds successfully, while Enterprise Investment Schemes are attracting more inflows as investors choose more direct investment.
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