Within the 4 weeks to 25 March, funding hit £144.5m, up 18.8% from final yr over the identical interval, in response to figures from Wealth Membership. The whole flows for this tax yr are at £730m, in comparison with £910m within the earlier tax yr on the identical date.
Amati AIM VCT faces strategic evaluate as efficiency points mount
Alex Davies, founder and CEO at Wealth Membership, mentioned: “It has been a slower yr for VCTs, following two earlier growth years. That mentioned, gross sales are nonetheless comfortably above the typical during the last ten years and are choosing up as we strategy the tax yr finish.”
Davies famous that…