Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Schroder UK Public Private Trust (SUPP) – the former Woodford Patient Trust (WPCT) announced its results for full year 2022 on Monday. The news was not good and it seems that the answer is to cut its ties with every adviser, change its name and blame Woodford (not unfairly, in my humble opinion, if rather late in the day). I covered the other Monty Python style nonsense HERE but this is what struck me about the results.
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