Hargreave Hale, a stockbroker and investment manager, has renamed the Keydata Aim VCT and the Keydata Aim VCT 2 as Hargreave Hale Aim VCT 1 and Hargreave Hale Aim VCT 2 respectively.
The Hargreave Hale Aim VCTs invest in a diversified portfolio of equity investments in small UK based VCT qualifying companies, targeted non-qualifying equity investments to boost the fund’s performance, as well as a range of other non-qualifying investments such as gilts, other fixed interest securities and bank deposits.
The rebrand follows the appointment of Hargreave Hale chief executive Giles Hargreave (pictured) to the board of both funds and the appointment of Hargreave Hale as administrator and adviser to the funds.
Currently GBP22.3m is invested across both funds.
Hargreave says: “Our experience of managing the portfolios of these VCTs since their inception, combined with the team’s knowledge and expertise of the small cap market, should offer shareholders the comfort of continuity.”