Mitchell has almost 20 years’ experience in the investment industry, with a specific focus on investment marketing and communications. At Invesco Perpetual, he was a key member of on the UK equities team, assisting Neil in articulating his investment philosophy, approach and strategy to intermediaries and institutional clients.
He is a great believer in open, honest dialogue with investors and is experienced in communicating complex financial concepts in simple and accessible terms. Mitchell feels strongly that investors are entitled to know how their investments are being managed and is committed to making sure Woodford’s clients are well informed.
Global equity markets continued to move higher in March, allowing the UK stock market to deliver its biggest quarterly total return in six years. Leadership of the UK stock market was, as has been the case for much of the last three years, dominated by the large, global dollar-earners, such as the oil majors, mining companies and consumer goods companies. Meanwhile, data from across much of the global economy continued to disappoint expectations.
A review of key events in February 2019, a month in which most major regional stock markets posted further gains for the year, helped by a dovish tone from the Federal Reserve, a stronger oil price and suggestions of a thaw in China-US trade relations. The roundup also includes updates on holdings such as Barratt Developments, Provident Financial and Proton Partners International…
We wanted to take the opportunity to answer some of your follow-up questions relating to the transaction announced last week, in which the LF Woodford Equity Income Fund (the fund) has transferred some of the portfolio’s individual unquoted stocks to Woodford Patient Capital Trust (the trust) in exchange for shares in the trust.