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VCT aims at UK universities

A group of academics and professional investors is teaming up to launch a venture capital trust, aiming to invest early in technological products developed by four UK universities.

The Venture Technologies Academic Research Partners VCT will invest in Bristol and Southampton universities, University College London and Imperial College, who together spend £450m a year on research.

Chief executive officer Mark Wilsher has been involved in 22 venture capital investments in emerging technologies totalling £37m.

Another senior executive of the team, Roger Ashby, founded Southampton Innovations, an independent commercial development company, wholly owned by the University of Southampton, and was named KPMG Managing Director of Best Innovative Business in 1999.


Scottish Widows stakes its claim on pension market

SCOTTISH WIDOWSStakeholder Pension PlanType: Group stakeholder pension.Minimum premium: Monthly £20.Minimum group size: 2.Minimum-maximum ages: 18-75.Fund links: Consensus, all share tracker, fixed interest tracker, mixed, safety plus,European, UK equity, fixed interest, property, North American, Japanese,environmental, global equity, cash, Newton balanced managed, Merrill Lynchbalanced managed, Schroders balanced managed.Charges: Annual 0.64-1 per cent.Allocation rates: 100 per cent.Minimum term: […]

Zurich offers IFAs home and contents deal

Zurich IFA Group&#39s mortgage network is offering IFAs £100 if they successfully refer a client to Zurich&#39s home and contents insurance service. The mortgage network has also signed a deal with Scotland-based Solicitors Financial Services . The agreement will enable SFS&#39s member solicitors firms to offer clients an automated mortgage service with their own branding.

FTSE4Good launched by Roger Moore

FTSE is launching a new set of indices aimed at setting a global standard for socially responsible investment.Unicef goodwill ambassador and former 007 Roger Moore launched the fund at the London Stock Exchange on Tuesday. All licensing fees from the fund will be donated to Unicef.The FTSE4Good indices, covering UK, Europe, US and global sectors, […]

Pink drops in with its new parachute mortgage

Pink Home Loans is bailing into the adverse credit market with its parachute mortgage.The mortgage is aimed at people who are looking to buy a home but who either have a history of bad credit, or who have a number of county court judgements (CCJs) against them.The mortgages rate is based around the London interbank […]


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