Investment in ‘patient capital’ vital for post-Brexit Britain
28 November 2018
UK must move faster on regulatory issues, writes Alexander Mann
By announcing a review into defined contribution (DC) pension investment in ‘patient capital’ last month, the chancellor has moved to address a major structural issue in the British venture scene.
This change cannot come too soon – particularly now the European Investment Fund (EIF) – previously a cornerstone of most UK funds – has all but pulled out of the UK.