VCTs take off in fourth quarter of 2000

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By Pascal Dowling The last year of the old millennium has been the best year since 1995 for venture...

By Pascal Dowling The last year of the old millennium has been the best year since 1995 for venture capitalists, according to Martin Churchill, director of research at the Allenbridge Group. In the last week of November alone £35m was invested in VCTs. And John Gregory, manager of the Enterprise VCT told Investment Week in December that some £80m had already been invested in VCTs, even before the usual end of tax year rush. According to Churchill, the behaviour of investors this year has been affected by shifting priorities, which have moved the market's focus to making the most of capit...

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