Woodford-backed fund group Mercia buys rival in bumper VCT deal

Mercia Asset Management has bought rival NVM Private Equity’s VCT business with £270 million in assets.

Stripping AIM IHT relief may spark ‘mini-Woodford’ event

Would the removal of Business Property Relief trigger a large sell-off in the junior market, and a liquidity squeeze?

EIS inflows set to slump following crackdown on phoney firms

Investor cash flowing into EIS is set to fall as much as a quarter following a crackdown on promoters exploiting tax relief without supporting genuine businesses.

Fund managers vexed at lack of Brexit consultation

More than three quarters of UK fund managers believe that the UK government should have consulted the industry more before starting Brexit negotiations, according to a survey by consultants MJ Hudson.