Woodford investors face a further agonising 10-day wait for what’s left of their savings as ruined fund delays payouts The first payouts are now due to start on 30 January Investors will be told the amount they will get around 28 January 2020 The equity income fund has lost 15% since investors were locked in … Read more
Damage to Woodford investors will be revealed in January: Payouts will start with 56% of the stricken fund sold and £1.65bn raised so far Hundreds of thousands of investors face losses following collapse of the fund They will be told what they are to receive in their first payout on January 13 These will start … Read more
The worst investment performer in the latest notorious list of ‘dog funds’ is, unsurprisingly, Neil Woodford’s doomed equity income fund. The fallen star manager’s two former Invesco Perpetual funds are also named and shamed among the ‘biggest beasts’ – the poor performers holding the largest sums of customer money – in Bestinvest’s Spot the Dog … Read more
ASI INCOME FOCUS: The managers who hope to rebuild from wreckage of Woodford’s other fund By Toby Walne for The Mail on Sunday Published: 23:46 BST, 22 February 2020 | Updated: 13:54 BST, 24 February 2020 Investment fund ASI Income Focus reopened earlier this month from the ashes of Woodford Income Focus Fund. The firm charged … Read more
Most savers with direct or indirect holdings in funds run by Neil Woodford are nursing nasty losses. It is worse than that. Investors in two of the firms that promoted the Woodford cult – investor platform Hargreaves Lansdown (HL) and advisers St James’s Place – have had a nasty shock. Not everyone is a loser. … Read more
What’s gone wrong for fund manager Neil Woodford and retail mogul Sir Philip Green? The This is Money podcast By This Is Money Published: 14:53 BST, 7 June 2019 | Updated: 16:08 BST, 7 June 2019 It’s been a rocky week to say the least for Britain’s most recognisable fund manager Neil Woodford – he … Read more
Neil Woodford protege Mark Barnett dumps all unquoted shares from his Income and High Income funds By Lucy White For The Daily Mail Published: 22:21 BST, 31 March 2020 | Updated: 22:21 BST, 31 March 2020 Mark Barnett will wash his hands of all the companies his funds own which are not listed on the … Read more
Hargreaves Lansdown chiefs in £6m share sale: High-flyers cashed in weeks before Woodford crisis sent stock tumbling By Lucy White For The Daily Mail Published: 21:50 BST, 6 June 2019 | Updated: 10:08 BST, 7 June 2019 Two high flyers at Hargreaves Lansdown sold millions of pounds of shares in the company just weeks before … Read more
He’s back… Woodford plots £500million fund By Harriet Dennys, Financial Mail On Sunday Published: 23:46 GMT, 7 March 2020 | Updated: 23:46 GMT, 7 March 2020 Disgraced fund manager Neil Woodford is in talks about making a spectacular comeback just months after being sacked in one of the City’s biggest investment scandals. Woodford has been … Read more