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eagle8

01/14/16 11:09 AM

#50862 RE: PacificNW #50856


Hi afford, nice piece again.


Thanks for your posts.
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DoGood_DoWell

01/14/16 11:17 AM

#50864 RE: PacificNW #50856

yes - great posts today.
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sentiment_stocks

01/14/16 2:52 PM

#50897 RE: PacificNW #50856

Thanks for pointing that out. Here's the link and story.

http://www.thisismoney.co.uk/money/news/article-3398303/Star-fund-boss-Neil-Woodford-poised-raise-millions-Patient-Capital-Trust-plough-start-ups.html

Star fund boss Neil Woodford poised to raise millions more for his Patient Capital Trust to plough into start-ups
January 13, 2016

Star fund manager Neil Woodford is poised to raise more money for his Patient Capital Trust to plough into start-up firms.

Woodford is looking to pull in additional cash to his £801.4million trust.
He largely invests in healthcare firms and aims to deliver capital growth over the long-term by investing in both quoted and unquoted UK firms.

However, the trust largely focuses on start-ups and aims for longer-term annual returns of 10 per cent.
Experts believe that many mainstream firms are already over-valued and Woodford wants to plough more cash into dynamic new businesses.

After launching in April last year, the trust is said now to be almost fully invested, with the remaining cash all committed.

It at present has 60 holdings and Woodford is expected to add up to 30 more with the extra cash.
Head of investment at Hargreaves Lansdown, Mark Dampier, said: ‘Neil Woodford believes there remain plenty of unexploited opportunities in early-growth businesses.
‘Investing in these include early-stage companies within areas such as life science, healthcare, energy, utility, technology, industrial and consumer sectors, especially in companies with new disruptive technologies.

‘By contrast, he feels many other more mainstream financial assets have already been bid up too far in price.’