Woodford in for Sherborne
FUND manager Neil Woodford has taken a stake in Edward Bramson’s investment vehicle Sherborne Investors, one of the first investments made by Woodford since he set up his own company.
Woodford Investment Management has taken over four per cent in the listed vehicle, which previously pursued a takeover of private equity outfit 3i.
Woodford is launching his new setup this week with a flagship income fund.