John Davies: Covid-19 consequences for VCT valuations

Sifting through existing VCT holdings and assessing the impact on future prospects for the SME economy is where most VCT investors are right now. The natural default to opt for longer standing VCTs with decent dividend records has traditionally been a well-trodden path, but the dynamics may be shifting. There is rather more for VCT investors to contemplate this year and good reason to check the compass again.               However, the full impact of coronavirus in 2020 on many businesses may not yet be fully known.  For advisers, making sense of the true valuation of their client's i...