Woodford Patient Capital Demoted From Ftse 250 Investment Trust Specialising Innovative Growth Companies Long-term Capital Growth Neil Woodford | City A.m.
Woodford Patient Capital is an investment trust specialising in innovative growth companies, aiming to produce long-term capital growth in excess of 10% per annum. Managed by Neil Woodford, one of the UK’s most renowned fund managers, it attracted a plenty of interest at launch in April 2015. Mr Woodford is better known for running income-orientated funds focused on established, larger companies paying healthy dividends. However, he has always taken a keen interest in companies in the early stage of their development. This Trust is dedicated to providing capital to businesses he believes will be big winners in the future.