neil woodford

Woodford Patient Capital shares soar as new manager appointed

Woodford Patient Capital’s share price has soared in early trading, following the announcement that Schroders has been appointed the new manager of the trust.

Schroders will take the reins by the end of 2019 and will manage the trust in line with its current investment objective of investing in both quoted and unquoted UK companies. The trust will be renamed Schroder UK Public Private Trust.