Woodford Patient Capital Trust board slammed for 'failure to act independently' in 'sorry Woodford saga'

WPCT could have a long life ahead of it, according to QuotedData's James Carthew

David Brenchley
21 October 2019

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Shareholders should be given the chance to have a say on the future of the Woodford Patient Capital trust (WPCT) through a continuation vote, as the board was slammed for failing to act more independently of the manager, according to James Carthew, head of investment company research at QuotedData.

After Link Fund Solutions confirmed on Tuesday (15 October) it had sacked Woodford Investment Management (IM) from the Woodford Equity Income fund (WEIF) and it would be wound up, investment company analysts...

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