The fund manager Neil Woodford suffered another blow as his listed Woodford Patient Capital Trust was ejected from the FTSE 250 index.
The investment trust, which focuses on early-stage companies, was one of six companies to be relegated from the second tier of quoted stocks.
Among them is Funding Circle, the online peer-to-peer lender aimed at small and medium-sized companies, which floated at 440p a year ago. Last night its shares closed at 110¼p.
The fund manager Neil Woodford suffered another blow as his listed Woodford Patient Capital Trust was ejected from the FTSE 250 index.
The investment trust, which focuses on early-stage companies, was one of six companies to be relegated from the second tier of quoted stocks.
Among them is Funding Circle, the online peer-to-peer lender aimed at small and medium-sized companies, which floated at 440p a year ago. Last night its shares closed at 110¼p.
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