A VCT investing in the live entertainment sector is set to be launched following close on the heels of the Edge Performance trust.
The new fund will aim to raise £30m and is a development of the original Edge trust; while still offering capital security, it promises better returns. The announcement of the new trust comes just weeks after Ingenious Live launched a similar VCT to the market. David Glick, director of Edge, said its new VCT was very different from the original trust and would include a raft of other features which would be unveiled in due course. He added: “We believe that it will be the leading investment product in the live entertainment business available on the market over the coming months.”...
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