Bringing you live news and features since 2006 

AIC welcomes exclusion of VCTs and offshore investment companies from marketing restrictions


The Association of Investment Companies (AIC) has welcomed the Financial Conduct Authority’s confirmation that venture capital trusts (VCTs) and offshore investment companies will not be subject to the UCIS (unregulated collective investment schemes) marketing restrictions.

These restrictions will ban the promotion of UCIS and similar funds to ordinary retail investors in the UK.
Ian Sayers (pictured), director general of the Association of Investment Companies, says: “We very much appreciate confirmation of the FCA’s policy intention to exclude VCTs and offshore investment companies from the marketing restrictions. This is important for the investment company sector and allows ordinary retail investors to continue to access the benefits of VCTs and offshore investment companies.  We look forward to working with the FCA to make sure the rules deliver this policy intention.”

Latest News

Tradeweb reports the following data derived from trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms...
iShares writes that its assets under management have reached USD4 trillion. The firm says this comes off the back of..
BlackRock projects that global active ETF assets under management (AUM) will quadruple to USD4 trillion by 2030, from USD900 billion..
HANetf has announced the launch of Exchange-Traded Europe, a new quarterly review including new data, trends, and analysis of the..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by