Schroders trust scorched as Woodford-backed nicotine inhaler goes up in smoke
Schroders trust scorched as Woodford-backed nicotine inhaler goes up in smoke Kind Consumer had been one of the Schroder UK Public Private investment trust’s top-20 holdings The Schroder UK Public Private trust has been burned by another of Neil Woodford’s unquoted holdings, Kind Consumer, which collapsed into administration last week. Sky News reported last week that the nicotine inhaler maker, which manufactured products under the Voke brand, had appointed administrators from Smith & Williamson after failing to secure fresh funding to keep the business afloat. The collaps...
Source: portfolio-adviser.com