View more on these topics

Octopus to take over management of Close Investments AIM VCTs

Octopus Investments has announced it is taking over the management of all three of the AIM VCTs managed by Close Investments, representing around £65m of assets.

The move sees Close fund managers Andrew Buchanan and Kate Tidbury joining Octopus to continue the day-to-day running of the three VCTs.

Octopus director Chris Hulatt says the firm is delighted to be taking over the management of three AIM VCTs.

He says: “We believe that the transfer of these funds further cements our position as the leading UK smaller companies house, with more than £0.6bn invested across our 15 VCTs, our IHT and EIS portfolio services, as well as our range of OEICs.

“We are looking forward to working with both Buchanan and Tidbury on the generation of further returns for investors in these AIM VCTs.”

Recommended

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com