Further writedown deals another blow to former Woodford shareholders

2.5% NAV hit

David Brenchley
SUPP's portfolio managers Tim Creed and Ben Wicks

SUPP's portfolio managers Tim Creed and Ben Wicks

Investors in the Schroder Pubic Private Trust (SUPP) are likely to suffer a further blow as the trust’s net asset value (NAV) is expected to take a 2.5% hit after a holding was taken over.

Ombu Group, a specialist investor in early and growth stage environmental technologies, was acquired by venture capital firm Hambro Perks, SUPP told shareholders on Monday (21 December). The sale was...

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