Wealth Club Financial News

08.09 / 10:39

Wealth Club VCTs/EIS AIM vct Hargreave Hale AIM VCT launches £20m fundraise

Nicholas Hyett, investment manager at Wealth Club, described the VCT’s mix of main market securities, fixed income investments, unquoted companies and AIM listed businesses as 'unusual'.

18.12 / 12:54

Wealth Club VCTs/EIS vct Albion Capital plans £60m fundraise for five VCTs

All five VCTs, which have total net assets of £579m, aim for an annual dividend target of 5% of net asset value.

16.12 / 15:18

fundraise Wealth Club VCTs/EIS vct Puma Alpha VCT launches £20m fundraise

Puma Alpha VCT was launched in 2019 and, in the three years to September 2023, generated a NAV total return of 18.8%.

22.11 / 16:29

Treasury AIC Wealth Club VCTs/EIS EIS Autumn Statement 23: VCT and EIS sunset clauses extended by a decade

The government said it will extend them by a decade to 6 April 2023, after the Treasury confirmed last month the clauses would be expanded to April 2025.

17.11 / 09:54

UK Office for National Statistics Retail Sales Wealth Club UK retail sales UK retail sales slump 0.3% in October

Petrol sales fell by 2% throughout the month, which the ONS attributed to rising fuel prices.

10.11 / 13:47

economics Morningstar UK Macroeconomics Office for National Statistics Wealth Club UK dodges recession with surprise 0.2% September growth

September’s growth was driven by a 0.2% expansion in services output, largely from professional, scientific and technical activities, as well as human health and social work activities.

20.10 / 07:39

fundraise Investment trusts Investment Trust Wealth Club vct Octopus Titan VCT embarks on £200m fundraise

Nicholas Hyett, investment manager at Wealth Club, said that the “venture capital giant has been through a tough time recently”.

19.10 / 12:47

companies London Stock Exchange Wealth Club LSEG on track to meet growth targets due to strong analytics performance

The group’s annual subscription value (ASV) growth, a key measure for analysts, reached 7.1% in the quarter, after a dip in Q2.

16.10 / 14:59

Wealth Club VCTs VCTs/EIS vct Foresight Foresight Enterprise VCT launches £30m fundraise

The trust, which currently has a portfolio of 44 companies, targets established businesses with a low cash burn.

20.09 / 16:51

fundraise Wealth Club VCTs VCTs/EIS British Smaller Companies VCTs launch £90m fundraise

This will comprise of a £65m fundraise and an overallotment option of up to £25m.

18.09 / 14:47

fundraise Wealth Club VCTs/EIS vct Northern VCTs trio launch £60m fundraise

Over five years, Northern VCT produced NAV total returns of 26.1%, while Northern 2 and 3 achieved NAV total return of 28.6% and 27.7%, respectively.

11.09 / 08:13

Wealth Club VCTs/EIS VCT fundraise vct spring Blackfinch Spring VCT launches £30m subscription offer

Companies in the £25.4m portfolio, which is comprised of 23 private firms, use the internet, mobile devices and social media to offer their customers better products and services.

Wealth Club Financial News

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