WWH

Worldwide Healthcare Trust AGM – But No Proxy Voting Form

Today I attended the Annual General Meeting of Worldwide Healthcare Trust (WWH) in London. This is an investment trust focused on a portfolio of worldwide pharmaceutical and biotechnology companies. It has a very good long-term track record, consistently beating its benchmark and is the top performer of all UK investment trusts measured since formation. The fund manager is OrbiMed where Sam Isalay was the managing partner until recently when he departed under a cloud of sexual harassment claims. He also resigned from ...

Worldwide Healthcare Trust – Telegraph Omits Latest News

This morning (7/12/2017) the Daily Telegraph’s Questor column ran a puff on the Worldwide Healthcare Trust (WWH), a company which incidentally I do hold. It made such comments as “this trust has returned 16 per cent a year for 22 years, and it should keep on roaring”. The Trust fund is managed by Orbimed Capital LLC, and perhaps the unfortunate aspect of the above is the failure to mention the announcement by the Trust yesterday over serious allegations of sexual harassment against ...