Hardman & Co’s Brian Moretta argues venture capital should be a normal part of portfolios for most investors, improving returns and diversifying risk.

For some time, the venture capital trust (VCT) and enterprise investment scheme (EIS) industry has wrestled with balancing the tax and investment aspects of its funds. Unfortunately, the former is easier to articulate, and too often ends up being emphasised over the latter.

A new white paper from Hardman & Co, How much should clients invest in venture capital?, firmly tips the balance back in favour of the investment case. It applies a rigorous approach, using standard asset allocation methods to show that, for most investors, the best portfolio includes some venture capital, even without any tax reliefs. This can raise expected returns and, importantly, can be done without raising overall portfolio risk.

Click here to read the full article 




020 7071 3945


Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.