Neil Woodford’s Patient Capital Trust pays off as it invests three-quarters of IPO funds August 11, 2015 Given his success at Invesco, the decision by star fund manager Neil Woodford launch a solo venture was always going to have a risk attached – but it looks like it paid off, after his new fund, Woodford Patient Capital Trust, posted results showing it had already invested more than three quarters of the £800m [...]
Neil Woodford’s Patient Capital investment trust slapped with a “sell” rating by broker Stifel June 23, 2015 Neil Woodford's Patient Capital Trust has been slapped with a "sell" rating by broker Stifel Funds, which warned its share price has leapt ahead of its net asset value (NAV), or the trust's underlying value. Stifel analyst Iain Scouller said the trust's share price had jumped by 16 per cent since May, but just 4.3 per [...]
Neil Woodford’s new fund oversubscribed by 10pc – despite the team already increasing the size by £300m April 20, 2015 Neil Woodford's latest investment trust has been oversubscribed – having alread been nearly doubled from its initial figure. The Woodford Patient Capital Trust invests in early stage and early growth companies, along with a mix of blue chip stocks. Initially the team had decided the size of the closed-ended fund would be set at [...]