Neil Woodford touts for institutional investors with details of eight-stock biotech portfolio
Document fishing for interest also lists a WCM Partners Healthcare (GP) Ltd at an address in the Cayman Islands
Neil Woodford’s new venture will invest in a portfolio of eight biotech stocks, detailed in a document sent to prospective investors that lists an address in the Cayman Islands.
It comes weeks after the regulator in Jersey said it would not be used as a “back door” for the fallen manager to revive his career.
Portfolio Adviser has seen a document sent by a representative of WCM Partners to prospective investors that promotes the WCM Partners Healthcare Portfolio and reveals its eight stocks and their weightings in the portfolio.