Neil Woodford's listed fund invests £10m in Atom Bank

First major deal since shuttering of Equity Income Fund fails to excite investors Neil Woodford’s stock-market-listed fund has announced its first major investment since the shuttering of its flagship sister vehicle last month. Woodford Patient Capital Trust confirmed on Monday that it was pumping £10m into Atom Bank, keeping its stake at 18%. It is part of a wider £50m fundraising by Atom Bank that also drew investment from the Spanish banking group BBVA and investment funds Perscitus and Toscafund. Continue reading...