FREE VCT Industry Report written for financial advisers

  • Key benefits and risks of investing in SMEs through VCTs

  • Overview of the rules & regulation changes that affect VCTs

  • Latest sentiment towards VCTs from advisers, investors & providers

  • How to overcome the challenges faced when considering VCTs

  • Earn up to 4 hours of structured CPD from the CISI, CII and PFS


Demand for VCTs is growing

 The lifetime allowance for pensions will decline to just £1m in 2016, and we already have seen lower annual allowances and limits on what high earners can save implemented. This means that more and more investors are looking for tax-efficient alternatives to pensions, and with income tax relief and tax free growth and income, VCTs fit the bill.

This report has been put together with the help of these industry experts

supporters logos-21-21 supporters logos-25-25 supporters logos-24-24 altfi supporters logos-05 supporters logos-23 supporters logos-22 altfi supporters logos-01supporters logos 26-26

What people say about our reports 

Is it time for you to reassess VCTs?

VCTs have not enjoyed the same levels of interest as mainstream funds or their tax-advantaged counterpart the EIS scheme. This may be because of the marketing advantages OEICS enjoyed over investment companies, or because of the higher investment limits with EIS. But investors could be missing a trick – the VCT industry has developed over the last few years. Charging structures are fairer, discounts to the NAV are at record lows, exit options are clearer and a tax free 8% yield on average is virtually unbeatable in today’s low interest rate environment.

Access the information you need

The report surveys advisers, investors and providers and includes a comprehensive market analysis of the VCT sector. We look at the trends that are shaping the current market and our research will give readers reference points that provide a benchmark for costs, fees, the level of target return and other key features. We also discuss suitability, due diligence, panel creation and where to go for more information – all important issues when advising on these assets, whether you are a longstanding VCT support or looking at them for the very first time.

The 2015/16 VCT Industry Report is supported by leading VCT providers

2/76

Addidi

Wealth Management

Logo for

As a financial services boutique, our purpose is to enrich our clients’ lives and to help women live more fulfilling lives. We do this by diligently taking care of their financial well being.

We also enrich lives by nurturing a collaborative community that provides opportunity for women to use their time, talent and wealth to connect and co-invest in small business and social projects.

We are inspired to excel and be the very best we can be and in the process we hope to inspire our clients to live their ideal life.

http://www.addidi.com/

3/76

Albion Ventures

Tax Efficient

Logo for

Albion Ventures LLP was created in January 2009, when it acquired the business of Close Ventures Limited from Close Brothers Group plc and is structured as a partnership formed by the former Close Ventures management team. We think it is appropriate that a business investing in owner-managed companies is itself owner-managed.

We look to invest £1-10 million in a wide range of growing businesses, from technology orientated companies to service and asset-based businesses.

We enjoy working with smaller companies and entrepreneurial management teams, seeing our purpose as helping businesses to grow by providing financial resources as well as strategic advice. Our ultimate aim is to realise the full potential of the business invested in and so create returns for the shareholders in our funds. We act with integrity and respect for the people we deal with.

http://www.albion-ventures.co.uk/

7/76

ArchOver

Alternative Finance

Logo for

ArchOver helps companies to borrow. We use innovative, forward thinking solutions that rewrite the rule book used by traditional lenders. For investors we seek returns that are attractive, secured and insured.
Our mission is to provide the most professional and usable market place for Borrowers and investors to connect.
ArchOver is authorised and regulated by the Financial Conduct Authority under Consumer Credit Licence 663239/1. ArchOver is not covered by the Financial Services Compensation Scheme.

https://www.archover.com/

26/76

Deepbridge Capital

Tax Efficient

Logo for

Deepbridge is a different kind of investment manager. We work closely with financial advisers and investors to design innovative products, ranging from investment in technology growth companies to asset-backed renewable energy projects. We also partner with innovative and committed management teams to help UK based companies realise their potential and become successful leading-edge businesses. Deepbridge operates across four principle divisions: disruptive technology, sustainable technologies, life sciences and renewable energy. Take a look through our website to find out how we could help you.

http://www.deepbridgecapital.com/

34/76

Guinness Asset Management

Tax Efficient

Logo for

Guinness is independent and focused purely on investment management. Our in-house economic, industry and company research allows us to take an independent view and not be led by the market. Our size and specialist nature also means we have the ability to respond quickly and efficiently to any market movements.

http://www.guinnessfunds.com/

35/76

Hargreave Hale

Tax Efficient

Logo for

Hargreave Hale is a leading provider of investment management, stock broking and fund management services in the UK. Our experienced professionals offer private clients, professional intermediaries, companies, trusts and charities a progressive and modern approach to investment coupled with traditional values of customer service.

Our approach is measured and intelligent, with a continued focus on preserving capital and delivering positive returns.

41/76

Lawson Conner

Real Assets

Logo for

Lawson Conner was founded in 2010 with the desire to create better ways of operating financial services firms by injecting innovation, multi-asset class expertise and excellence in client focus into the world of fund management. With that in mind, we brought together an exceptional group of talented professionals to cover a wide spectrum of financial services functions, all with one single goal: “Create a world class fund management and advisor platform!”.

Over the past five years we helped more than 100 clients to effectively navigate through the challenges of launching and operating financial services businesses. On that journey we have become thought leaders in the areas of onshore/offshore Fund Structures, AIFMD, the national private placement regimes (NPPR), FinTech business models and RegTech. The team at Lawson Conner covers a wide range of asset classes from long/short equity, derivatives, commodities, real estate to private equity and loan based investment models. We serve our clients from 4 different locations, in the US (2x), Hong Kong and from our headquarters in London.

http://www.lawsonconner.com/

54/76

Sapia Partners

Real Assets

Logo for

Our independence ensures that nothing stands in the way of serving our clients interests. We create long-term, sustainable value for our business partners and clients. Our expertise comprises investments in private and public equity as well as debt instruments and real estate.

We focus on three main business segments: Investment Management, Corporate Finance Advisory and Real Estate Advisory. Our team members have significant experience in creating value through investing in and advising on transactions across Europe and the US.