View more on these topics

Downing Corporate Finance/NVM Private Equity – Northern 3 VCT

Downing Corporate Finance/NVM Private Equity – Northern 3 VCT

Type: Venture capital trust

Aim: Income and growth by investing initially in cash and near cash, including fixed income securities, then in unquoted UK companies including those trading on Aim

Minimum investment: Lump sum £5,000

Charges: Initial 5.5%, annual 2.06%, performance fee up to 1% a year

Closing date: April 5, 2010 for 2009/10 tax year, May 12, 2010 for 2010/11 tax year

Commission: Initial 3% or initial 2.25% plus renewal 0.25% for five years

Tel: 020 7416 7780


Royal Liver: Counting the cost

Royal Liver faces £7m bill

The FSA has ordered Park Row’s parent company Royal Liver to pay customer redress estimated at between £5m and £7.8m. The FSA has also publicly censured Park Row and fined the firm’s former chief executive Peter Sprung £49,000. Money Marketing first revealed news of the FSA investigation in March 2009. The FSA says the firm […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment