The Enterprise Investment Scheme (EIS) continues to be one of the most successful tax-advantaged investment solutions, a quarter of a century after making its debut.
Our new format, bringing you quarterly updates rather than once-a-year snapshots, allows us to build up a clear picture of what is happening in this dynamic market – and we’re using an exciting, engaging and attractive interactive format to bring all the statistics and analysis to life.
The first quarter of 2020 has been one like no other, and we can expect plenty more shocks over the coming months, with no-one knowing quite how the current coronavirus Covid-19 pandemic will play out. In such times, it is good to look long-term, something that is a hallmark of EIS. So take a read of what the experts, including the EIS Association and fund managers, have to say and grab yourself up to two hours of structured CPD (not including breaks) in the process.
Nick Britton explains the AIC’s role in representing and supporting the VCT industry. He also looks at the relative stability currently being enjoyed by VCTs today following the most recent rule changes of 2015 and 2017. He discusses the advantages that VCTs have as a fund structure over other forms of investment.
Paul Mattick discusses Mercia’s acquisition of the Northern VCTs and explains how they will fit into the firm’s overall strategy. He also looks at the VCT investment landscape and where the opportunities lie for future growth in the context of a market that has shifted since the introduction of the risk to capital condition.
Dr Reuben Wilcock explains why Blackfinch is so excited about the potential for investing in tech companies through its VCT. He also considers the promising landscape for investment into the VCT market in 2020 and gives his views on the macro-economic conditions for growth.
John Davies talks about Seneca’s progress since launching into the VCT market over the past year and explains why Seneca is well placed in this market. He also calls for greater education of advisers, investors and potential investee companies across the country.
Charlie Stoop explains Puma’s strategy towards investee companies and discusses the way in which the risk to capital condition has changed Puma’s approach. He also looks at the landscape for entrepreneurs and the quality of businesses available for investment.
Nick Bird considers the continued high demand from the small business community for VCT investment, pointing to a number of investment sectors that are showing promise, including the future of health, the future of money, and ‘deep tech’. He also looks at the growing trend to consider environmental, social and governance issues and how these can be incorporated.
John Glencross reflects on a strong year for Calculus in 2019 and discusses the opportunities in the VCT market over the coming year. He also talks about the importance of good management teams as part of any investment decision.
Venture Capital Trusts (VCTs) celebrate their 25th birthday in 2020 but the market appears to be only just getting started, with rising demand from both investors and investee companies seeking to take advantage of the benefits these investment vehicles can offer.
As the market grows and matures, we are responding by changing the way we cover the tax-advantage landscape, by moving from annual reports to quarterly updates that will give readers a clearer picture of developments as they happen and a better understanding of the landscape, rather than an annual snapshot.
As well as containing all our usual figures and analysis from the MICAP platform, this Update includes the latest government statistics plus performance data provided from the Association of Investment Companies (AIC). It also has expert commentary and takes a look ahead at what we can expect in the coming months, including March’s Budget.
Dan Perkins highlights the growth opportunity currently available within the creative industries in the UK and explains how Great Point Media’s EIS fund is helping to support that. He also explains that the creative industries have now begun to adapt well to the risk to capital condition, while also discussing the government’s knowledge-intensive fund.