The biggest London-listed trust launches of all time

Woodford IM's Patient Capital trust has raised a record £800m during its offer period, and the company will be intent on avoiding the fate suffered by many of its chart-topping predecessors.

WIM's record fundraising, built on the popularity of manager Neil Woodford, represents the largest amount ever raised for a London-listed investment trust. Patient Capital's name suggests a cautious approach will be paramount for Woodford and team, and that strategy is a wise one if the performance of previous record-breakers are anything to go by. Below Investment Week takes a look at the largest London-listed trust launches of all time, according to figures from the Association of Investment Companies. Mercury European Privatisation - 1994 - £549m MEPIT was designed to take ad...