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VCTs were introduced by the UK Government in 1995 to encourage individuals to invest in UK smaller companies. According to the Association of Investment Companies, almost £728 million was invested in VCTs in the 2017/18 tax year, almost a third of which was invested in the Octopus VCTs.
keith Lassman, Partner and head of capital markets
We are delighted to have been working with Octopus in recent years. The progress it has made in the VCT sector since its formation in 2000, to its present position of managing over £1 billion of VCT assets, more than double that of any other VCT manager, has been remarkable and we congratulate Octopus on reaching this milestone and look forward to seeing its continued progress.