Woodford urges unquoted holdings to 'demonstrate value' in performance turnaround bid - reports

Conversation with BMO manager

Neil Woodford

Neil Woodford

Renowned fund manager Neil Woodford is urging the management of the unquoted positions he holds in his Woodford Patient Capital Trust (WPCT) to put themselves up for sale or list their businesses, as he bids to turn around his fund range performance.

A report in The Telegraph said Woodford had told Peter Hewitt, manager of the BMO Managed Portfolio Trust, which has a position in WPCT, that he had communicated to his positions "they needed to take action...

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