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.
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