Asset manager Octopus Investments today announced that it raised a total of £61 million into its venture capital trusts (VCTs) during the month of November, equivalent to more than £2 million each day, in a sign that demand for VCTs remains resilient despite broader economic uncertainty.

This came as it closed fundraising for its Octopus AIM VCTs after they raised £17 million in November and reached the overallotment target of £31 million.

Octopus also experienced strong inflows into the UK’s largest VCT, Octopus Titan, which raised £38 million last month and sees it almost half way to its initial £80 million fu...