Aberdeen's Nixon says time is right for generalist VCTs

In an uncertain stock market environment where investors have suffered heavy losses and see little chance of recouping those losses over the near term, the attractions of investing in smaller unquoted companies via a venture capital trust may at first appear limited. However, manager of the new Aberdeen Growth Opportunities VCT, Bill Nixon, says that smaller companies, whether unquoted or Aim-listed, can offer distinct advantages over larger sized companies when it comes to growing their businesses quickly. 'Entrepreneurial management and shorter lines of communication can allow small...