Schroders Capital Global Innovation Trust Explained

Schroders Capital Global Innovation Trust plc
Founded:2015
Type:Public company
Website:Official site

Schroders Capital Global Innovation Trust plc, formerly Schroders UK Public Private Trust and before that Woodford Patient Capital Trust, is a British investment trust dedicated to long-term investments predominantly in the United Kingdom.[1] [2] The company was established in 2015.[3] It is listed on the London Stock Exchange.[3] The chairman is Susan Searle.[4]

The fund was managed by Woodford Investment Management led by Neil Woodford until December 2019 when the fund came under the management of Schroders.[5] [6]

Among other early stage investments, through its portfolio company, Industrial Heat, the trust is the world's largest institutional investor in the pseudoscientific Cold Fusion technology.[7]

The trust changed its name from Woodford Patient Capital Trust to Schroders UK Public Private Trust on 16 December 2019[5] and was renamed to Schroders Capital Global Innovation Trust in April 2023.[8]

External links

Notes and References

  1. Web site: Change of Name . 25 October 2023 . London Stock Exchange . LSE.
  2. News: Schroder UK Public Private rebrands as co-manager Roger Doig steps down . 25 October 2023 . Arc Network - incisivemedia . Investment Week . 17 April 2023.
  3. Web site: Schroders UK Public Private Trust. London Stock Exchange. 12 August 2020.
  4. Web site: Woodford Patient Capital unveils plans to reduce debt. FT.com. 28 June 2019. 12 August 2020.
  5. Web site: Woodford Patient Capital trust changes name. FT. 16 December 2019.
  6. Web site: Woodford Patient Capital and the challenges ahead. 31 October 2019. Investors Chronicle. 12 August 2020.
  7. Web site: Woodford Patient Capital gets 357% energy boost. 21 September 2018. Citywire. 23 September 2018.
  8. Web site: INOV is on the next phase of its journey yet the discount still reflects legacy issues…. Trust Intelligence. 25 October 2023.