The Woodford Patient Capital trust (WPCT) has dropped out of the FTSE 250 index in the latest quarterly reshuffle less than a year after re-entering the second tier of the UK's largest quoted companies.
The £409m investment trust was one of six companies to be relegated from the index of the 101st to the 350th largest companies listed on the London Stock Exchange. Neil Woodford's trust, which re-entered...
Departs in April 2021
Raft of portfolio management changes
Individual holdings breach limits
Ian Jensen-Humphreys joins as portfolio manager
For smaller and medium firms
'There will be more consolidation'
Fee-based revenue fell 13%