VCT returns lag private equity funds - research

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Investors opting for tax-advantaged vehicles such as venture capital trusts (VCTs) over private equity funds would have lost out in recent years, a study suggests.

A report by national accounting group UHY Hacker Young found UK private equity delivered an average annual return of 18.7% over the last decade. This compares with 2.1% for VCTs, based on figures from...

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