Fresh £25 million investment takes trust's stake in proton beam operator to around 14% of the portfolio.
Susan Searle, the under-pressure chair of Woodford Patient Capital Trust, has stepped down as chair of Mercia Technologies to devote more time to the troubled investment trust.
Woodford Patient Capital has ousted Scottish Mortgage as the most bought investment trust on the Interactive Investor platform after bargain-hunting investors snapped up its distressed shares last month.
Civitas Social Housing appeals to investors to see bigger picture when considering the regulatory concerns hanging over its high-yielding shares.
The fintech fund has just missed its £30 million target as it issues its first shares since spinning off from RIT Capital Partners last year
Shares in workplace messaging app Slack have surged 40% in their first 12 days on the New York Stock Exchange, giving a small boost to trusts that backed the company before it listed.
Plans for star European fund manager Alexander Darwall to quit Jupiter and launch his own firm have provoked worrying comparisons to Neil Woodford.
Despite a lag in performance, Aberdeen New India's managers are upbeat, expecting prime minister Modi's landslide election victory to spur on speedier reform, buoying marks.
Successful share issues by Sequoia Economic Infrastructure Income and GCP Asset-Backed Income underline investor interest in high-yielding lenders to infrastructure projects.
Baillie Gifford UK Growth is attempting to re-rate its shares and lower their discount to net asset value after a revamp of the portfolio by new managers avoiding ‘large, dull, boring’ FTSE 100 companies.