Will the Budget Boost Woodford's Performance?

The Budget brought good news for the types of companies Neil Woodford likes to invest in, but how much will it benefit his Patient Capital Trust's performance?

David Brenchley 1 December, 2017 | 3:27PM

Neither Philip Hammond nor Neil Woodford have had a particularly good year, but last week’s Autumn Budget may have thrown both a lifeline.

Woodford was 'absolutely delighted' with the initiatives

Vetern UK equity income investor Woodford called the Budget, which may have saved Chancellor Hammond his job, “shrewd and appropriate”. The fund manager will be hoping it provides some of his investments with a welcome boost and be a catalyst to turn performance at his investment trust around.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
AA PLC15.70 GBX-2.00
Allied Minds PLC25.50 GBX-1.92
Blue Prism Group PLC1,024.00 GBX3.91
BMO Managed Portfolio Growth Ord170.00 GBX0.00
Pantheon International Ord PLC1,868.00 GBX7.36
Prothena Corp PLC11.51 USD4.73
Provident Financial PLC171.90 GBX-7.08
Purplebricks Group PLC38.10 GBX-5.11
River and Mercantile UK Micro Cap Ord105.50 GBX-2.31
Syncona Ord208.00 GBX-2.35
Woodford Patient Capital Trust21.48 GBX0.35

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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