What's in a name?

Untangling the mess at Schroders

clock • 2 min read

Tomorrow, Charles will officially take on his new title as King Charles III following a globally televised event of pomp and circumstance, the first coronation in the majority of our lifetimes.

Recently, with much less ceremony, Schroder UK Public Private changed its name for the second time in just a few years, with the trust taking on its new title of Schroders Capital Global Innovation. The trust was perhaps best known in its lifetime as Woodford Patient Capital, the vehicle managed by former king of asset management Neil Woodford, which enjoyed the UK's then-largest trust IPO when it came to market with £800m in 2015. In case anyone hasn't yet clocked off for the long weekend Since then, it's been the forgotten party in the collapse of Woodford Investment Management, ...

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