Woodford Patient Capital shares fall 1.7%

LONDON (Reuters) - Shares in Woodford Patient Capital Trust (WPCT), Woodford Investment Management's only listed fund, fell 1.7% at the open on Wednesday after the Financial Times reported it may drop Neil Woodford as manager.

Woodford Investment Management suspended its flagship 3.7 billion pound ($4.71 billion) unlisted fund last week.

WPCT is meeting investors this week and no decision has been made about the management of the fund, according to a source familiar with the matter.

(Reporting by Carolyn Cohn, editing by Huw Jones)

06/12/2019 7:17

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