Wealth and Asset Management
Schroders takes big Revolut stake in former Woodford fund
The Schroder UK Public Private trust , formerly the Woodford Patient Capital trust, has invested $13.7m (£9.8m) into challenger bank Revolut. The purchase is the second by the £471m trust since the appointment of Schroders in December 2019, following an investment of $6.7m in cybersecurity firm Tessian. The cash was…
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