The demise of Neil Woodford’s fund management operation has been an upsetting episode for the company’s employees and clients alike. Coverage suggests the saga will rumble on for some time yet but we wish to focus on the immediate impact to Woodford Patient Capital Trust, a fund established to most … Read more
Nigel Moore, a senior wealth manager at Pilling & Co has been quoted in citywire.co.uk. Read the full article at: http://citywire.co.uk/investment-trust-insider/news/woodford-patient-capital-battered-shares-draw-in-bargain-hunters/a1112723 ‘The top 10 holdings now account for over 60% of the fund with significant biotech and healthcare exposure. I am concerned about the concentration effect. The long tail of 79 … Read more