Investor Profile
Illiquid medicine brings rude health to the Wellcome Trust
Sir Henry Wellcome, the early twentieth century pharmaceuticals magnate (pictured below), would be pleased with how well the London-based charitable foundation that bears his name has weathered the global downturn. The Wellcome Trust (WT), which supports medical research in Britain and around the world, reported a total return of 12 per cent for the year […]
Richard TomlinsonJanuary 18, 2013