Guinness Ventures launches VCT

First from the firm

Guinness Ventures, the growth company investment arm of Guinness Global Investors, has rolled out its first venture capital trust.

Guinness VCT's shares will be admitted to the London Stock Exchange, and the offering remains open for subscriptions. The firm said the vehicle will provide investors with a "balanced and diversified portfolio of investments" into UK growth companies. Companies will be selected according to three criteria: strong management, growth prospects and competitive positions with "unique attributes which make them difficult to replicate or substitute". Treasury Committee urges extension to tax reliefs for small business investors The VCT will also provide exposure to a range of sectors ...