Money Marketing » Alternative investments
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Money Marketing's news, analysis and opinion from the arena of alternative investments. Examples include private equity, hedge funds and managed futures. Since its launch in 1985, Money Marketing has been the number one weekly newspaper for the independent financial adviser with the most respected journalists.
Money Marketing » Alternative investments
1y ago
The Financial Ombudsman Service told Money Marketing it has received 252 complaints involving Basset & Gold (B&G) as at 5 December 2022. FOS has upheld all cases related to B&G, except those that were outside of its jurisdiction. So far, 95 cases have been resolved and FOS currently has 157 open complaints about the firm ..read more
Money Marketing » Alternative investments
2y ago
Venture capital trusts (VCT) could raise a record £1bn before the end of the current tax year on 5 April, according to experts. So far, £812m has been invested in VCTs this financial year, which is already an all-time record. The previous record was set in the tax year 2005/06 when £779m was invested in ..read more
Money Marketing » Alternative investments
2y ago
Venture capital funds can support the development of the green industrial revolution according to experts. A number of industry experts spoke to Money Marketing about how venture capital trusts (VCTs) and the Enterprise Investment Scheme (EIS) can play a role. OnePlanetCapital co-founder Matt Jellicoe said: “The fight to tackle the environmental issues of the day requires ..read more
Money Marketing » Alternative investments
2y ago
New research by investment research and advice firm Hardman & Co shows that adding venture capital (VC) to a portfolio can improve its risk/return profile. The white paper called ‘TES white paper: how much should clients invest in venture capital?’ was led by Hardman & Co head of tax enhanced research Dr Brian Moretta. He ..read more
Money Marketing » Alternative investments
2y ago
Two fraudulent companies that claimed to be able to recover funds for people who had lost money in alternative investment schemes have been ordered into liquidation by the High Court. Asset Recovery Associates Limited was incorporated as a private company in July 2011. The linked company, Asset Recovery Resources Limited, was incorporated the following December ..read more
Money Marketing » Alternative investments
2y ago
Octopus Investments is launching a £30m joint fundraise for its two alternative investment market (AIM) venture capital trusts (VCTs). Investors will be able to invest into both Octopus AIM VCT plc (AIM VCT) and Octopus AIM VCT 2 plc (AIM VCT 2). They have delivered a total return of 41.7% and 42.1% over the past ..read more
Money Marketing » Alternative investments
2y ago
The Advertising Standards Authority has upheld complaints against a brace of property management services, in both cases for advertising guaranteed rental income. In the first case, the website for Victoria Knight boasted that a fixed monthly rental income was assured, which was challenged as being misleading because it “suggested rent would be guaranteed in all ..read more
Money Marketing » Alternative investments
2y ago
Aberdeen Standard Investments has established a joint venture with Italian investment manager 21Partners to launch a direct €1bn private equity fund. The joint venture, called 21 Aberdeen Standard Investments Limited and made up of six people, will manage a fund targeting “active non-controlling interests” and support growing companies in Europe. The fund, which will launch ..read more
Money Marketing » Alternative investments
2y ago
The dividend tax rise announced this week is likely to beef up demand for venture capital trusts (VCTs), expert say. This is because VCTs can offer a 30% income tax relief on an allowance up to £200,00 per year. Returns, which are paid through dividends, are also tax free. As a result, VCTs could be ..read more
Money Marketing » Alternative investments
2y ago
Maven Capital Partners will open its venture capital trust (VCT) 3 and 4 offers in September on the back of better economic sentiment. The firm aims to raise up to £20m per VCT or £40m in aggregate. Investors will have the possibility to subscribe for one or both VCTs on the same applications form. They ..read more