Patience running out for Woodford trust as largest holding hit
This week has brought more bad news for Neil Woodford’s Patient Capital Trust, as shares in his largest holding Prothena tanked.
Patient Capital
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PA ANALYSIS: How patient capital is more than just tax avoidance
Patient capital is having something of a moment – Woodford launched a trust dedicated to it, the government is reviewing it and fundraising for some of the vehicles neared record high in 2017, but is it all about the tax relief?
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Govt threatens crackdown on investors’ tax breaks
The Treasury has threatened to clampdown on a tax-relief system encouraging the wealthy to invest in start-up firms over fears investors are abusing the system.
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Woodford raises patient capital trust offer
The Woodford Patient Capital Trust has increased the limit of the initial share issue from £500m to £800m after strong initial demand.
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The increasing importance of patient capital
Warren Buffett, Nick Train and Neil Woodford all have at least one thing in common, patience
