Mind the performance gap between Oeics and investment trusts
AIC communications director Annabel Brodie-Smith questions why investment trusts fail to keep pace with open-ended alternatives when it comes to wealth manager and adviser inflows.
Woodford Patient Capital directorships raise eyebrows
Woodford Patient Capital Trust’s holdings in companies in which its independent directors, including its chairwoman, hold senior positions has raised eyebrows with investors, as they highlight concerns about the board’s ability to act in shareholders’ best interests.
Prothena blow-up overshadows Woodford investment trust results
Neil Woodford has highlighted his track record for backing biotech winners in his Patient Capital Trust annual review, just one day after Prothena’s share price blow-up.