Jack Rose: Survival of the fittest

VCT market has matured considerably

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Jack Rose: "Too often in the past, people have viewed VCTs - and EIS - as a tax-planning vehicle, rather than from an investment perspective."
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Jack Rose: "Too often in the past, people have viewed VCTs - and EIS - as a tax-planning vehicle, rather than from an investment perspective."

The financial crisis was a Darwinian moment for VCTs, says Jack Rose, and those that were able to demonstrate an investment philosophy and strategy robust enough to survive have flourished since

Last year saw a record year of fundraising into venture capital trusts (VCTs), with approximately £540m being invested into the sector. While there was plenty of investor demand, a lack of capacity...

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