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.

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