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Woodford exits bets on Smith & Nephew, Gagfah; adds P2P Global in January

Published 09/02/2015, 11:11
Updated 09/02/2015, 11:11
© Reuters.  Woodford exits bets on Smith & Nephew, Gagfah; adds P2P Global in January

© Reuters. Woodford exits bets on Smith & Nephew, Gagfah; adds P2P Global in January

LONDON (Reuters) - Woodford Investment Management sold out of British artificial hip and knee maker Smith & Nephew (L:SN) and German real estate firm Gagfah SA (DE:GFJG) in January, according to the firm's factsheet released on Monday.

The firm, run by UK high-profile fund manager Neil Woodford, built a near-40 million pound ($60.9 million) new bet in P2P Global Investments (L:P2PG) and also added small stakes in unlisted firms Crystal Amber and Novabiotics during the month.

The fund had invested 1.6 percent in Gagfah and 1.2 percent in Smith & Nephew of its 4.3 billion pounds in assets as of end-December, according to a factsheet released in January.

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