Seneca IM re-enters Woodford Patient Capital amid market 'over-emotion'

Originally held the trust in 2015

Mike Sheen
clock • 3 min read

Seneca Investment Managers has re-invested in the Woodford Patient Capital trust through its Diversified Income and Diversified Growth funds, with the trust's current discount of 13.9% representing a "huge opportunity" for investors amid "over-emotion" about the recent underperformance of open-ended funds, according to manager Richard Parfect.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Morningstar's Kenneth Lamont: A look beyond the labels as defence funds boom

Morningstar's Kenneth Lamont: A look beyond the labels as defence funds boom

Middle East conflict adds new layer of focus

Kenneth Lamont
clock 11 March 2026 • 5 min read
Investment Week reveals finalists for Fund Manager of the Year Awards 2026

Investment Week reveals finalists for Fund Manager of the Year Awards 2026

Ceremony on 18 June

Katrina Lloyd
clock 10 March 2026 • 11 min read
Equity funds record ninth consecutive month of outflows

Equity funds record ninth consecutive month of outflows

£12.2bn pulled since June

Patrick Brusnahan
clock 05 March 2026 • 1 min read
Trustpilot