Braveheart Investment reorganises Yorkshire businesses

AIM-listed investment management groupBraveheart Investment Group has reorganised its Yorkshire businesses.

AIM-listed investment management groupBraveheart Investment Group has reorganised its Yorkshire businesses.

In a financial update issued on Friday, the group reported that its wholly-owned subsidiary Neon Capital Partners, the manager of the Finance Yorkshire Equity Fund, had acquired the fund management business of its sister company, Viking Fund Managers and thereafter changed its name to Viking Fund Managers, with effect from April 11th.

Geoffrey Thomson, Chief Executive Officer of Braveheart, commented: "In the 12 months since the group acquired Neon, we have invested in a good team to deliver Neon's fund management operations in Yorkshire and it was a natural decision to bring together our two Yorkshire fund managers."

Additionally, the group reported that as of April 1st, Braveheart's wholly-owned subsidiary Envestors Limited had acquired the rights to operate the Yorkshire Association of Business Angels (YABA) from Yorkshire Association of Business Angels Limited and would combine this with the YABA secretariat.

Scott Haughton, a Director of Envestors, said: "YABA has been adapting its business model to develop its longer term sustainability. Envestors is ideally placed to power the growth and sophistication of YABA with increased deal flow and syndication opportunities for its members alongside Envestors' extensive private investor network."

MF

Recommended

The top funds to invest in
Funds

The top funds to invest in

As market volatility and recessionary fears continue, here are the most popular funds, stocks and trusts investors are putting their money into accord…
2 Feb 2023
The ten highest dividend yields in the FTSE 100
Income investing

The ten highest dividend yields in the FTSE 100

Rupert Hargreaves takes a look at the companies with the highest dividend yields in the UK’s blue-chip index
23 Jan 2023
The top ten dividend stocks in the FTSE 250
Share tips

The top ten dividend stocks in the FTSE 250

The average FTSE 250 dividend yield is around 4%, but many stocks yield much more. Rupert Hargreaves picks the best FTSE 250 stocks for income investo…
17 Jan 2023
Investing trends to watch out for in 2023: what analysts say
Investment strategy

Investing trends to watch out for in 2023: what analysts say

What are sensible strategies for high inflationary times? We ask analysts to find out.
22 Dec 2022

Most Popular

NS&I brings back one-year fixed bonds with highest rates since 2010
Personal finance

NS&I brings back one-year fixed bonds with highest rates since 2010

NS&I’s one-year fixed bonds are back on sale after being pulled off the market in 2019 - but is the rate any good?
1 Feb 2023
When will interest rates go up?
UK Economy

When will interest rates go up?

Interest rates are now at 4%, and they could rise further in the months ahead.
3 Feb 2023
Bank of England raises interest rate to 4%
Economy

Bank of England raises interest rate to 4%

The Bank of England raised rates by 0.5%, marking the base rate’s 10th consecutive increase.
2 Feb 2023