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
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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
Allied Minds PLC21.90 GBP0.00
Blue Prism Group PLC1,299.00 GBP0.00
BMO Managed Portfolio Growth Ord291.03 GBP-1.01Rating
Pantheon International Ord318.01 GBP-0.62Rating
Prothena Corp PLC50.15 USD0.00
Provident Financial PLC355.00 GBP0.00
Purplebricks Group PLC28.53 GBP0.00
River and Mercantile UK Micro Cap Ord278.51 GBP-0.71Rating
Schroder UK Public Private Trust Ord33.50 GBP0.45Rating
Syncona Ord214.00 GBP0.00

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk