Scale of the discount offered by Woodford fund revealed after American buyer turns a quick profit

Linda J. Dodson

The American investment fund that scooped up healthcare stocks from the Woodford Equity Income fund earlier this month has turned a quick profit, highlighting the scale of how cheaply the investments were sold and the problems facing Neil Woodford’s investors. Acacia Research Corporation snapped up £224m worth of biotechnology stocks from the fund in early June […]