So we’ve had another election and received another surprise. In all the heat and light that accompanies an unexpected political outcome, a lot of extreme conclusions have been discussed by market and media commentators. From where I’m sitting, however, economically not a lot has changed. In fact, in some respects, the outlook for the UK economy has improved…
Today marks the publication of the Woodford Patient Capital Trust annual report. You can download the full report here, but below is Neil’s review of the trust’s progress in 2016. Download as a PDF We began 2016 with the money raised at the launch of WPCT fully deployed – and so the period under review
The offer period for the CF Woodford Income Focus Fund closed on 12 April 2017 and we can now confirm that £553m has been raised. Daily pricing of the fund has now commenced (you can find the latest price here), and Neil has been busy building the portfolio over the last few days, a process
Whilst travelling around the country recently for the launch of the Income Focus Fund, Neil has regularly been asked why this an appropriate time to be launching a new equity-based fund.
The saying goes, cash is king. Yet £10,000 invested in cash 10 years ago is worth £8,600 in real terms – a loss of 14%! Cash has its uses but perhaps sitting in a cash ISA for years on end isn’t one of them. Is it time to reassess your risk versus return?
The dividend is often called the ordinary dividend, but there is nothing ordinary about it. There is no other piece of information that a company can give to investors, which could more accurately reflect what that business really thinks about its current state of health.
Many of you asked about the anticipated risk characteristics of the new fund and whether this a good time to be launching the fund given market levels. This article looks to address these questions and concerns.
Chancellor Hammond has been able to put away money for a rainy day because the UK economy is performing better than expected… and we believe it will continue to do so.