No more capital preservation for EIS managers

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EIS managers are targeting high growth

EIS investment managers are now fully focused on growth strategies, and their target returns reflect this. The shift follows the rule changes following the 2017 Autumn budget. The new “risk to capital condition” means that EIS offers can no longer be focused on capital preservation, and must be fully centred on growth capital. Although some EIS investment managers had to close or pivot their offerings to be compliant with the new rules, the shift in legislation is widely seen to give new legitimacy to the scheme. High target returns Nearly a year on from the rule changes, the vast majority… continue reading

October 4, 2018