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Woodford Patient Capital Trust in talks with potential new managers

Woodford Patient Capital Trust in talks with potential new managers

Woodford Patient Capital Trust’s (WPCT) board has been in talks with asset management companies that have approached it regarding the investment trust’s management contract. The trust’s board has not said that it will definitely replace Woodford Investment Management as its manager but “continues to monitor and assess all options available to it The trust can terminate the management contract with Woodford Investment Management on three months’ notice.

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