The Woodford Equity Income fund (WEIF) has breached UCITS rules limiting the amount of unquoted stocks a fund can hold to 10% once more after two of its investee companies de-listed from their stockmarkets.
Artificial intelligence platform Benevolent AI and cold fusion firm Industrial Heat de-listed from the Guernsey-based International Stock Exchange, Woodford Investment Management told clients in a note...
Departs in April 2021
Raft of portfolio management changes
Individual holdings breach limits
Ian Jensen-Humphreys joins as portfolio manager
STM Group has acquired failed self-invested personal pension (SIPP) provider Berkeley Burke’s small self-administered (SSAS) scheme and its international pension businesses in a deal worth almost £3m.
UK equity market has fallen behind the rest of the world
With Bolton University
75% say ESG can ‘enhance returns'
Plan for growth