Close unveils international equities VCT

Close VCT Management is launching a technology venture capital trust later this month that will invest around 20% in international equities, writes Leo Bland. The Close Technology & General VCT will have around 50% in technology related companies such as biotechnology and IT firms and 50% in unquoted companies in the non-technology sectors of the UK market. In the technology portion of the trust, around 20% will be in a portfolio of international quoted technology stocks chiefly in Europe and the US. The other 30% of the technology portion will be in unquoted UK technology orientated compa...