Neil Woodford

Mail on Sunday, 02 October 2021, Woodford investors may have to wait another three years for compensation if watchdog fails to intervene

Jeff Prestridge extensively covers the ShareSoc "Woodford: What Happens Next webinar", attended by nearly 700 people. Specifically mentioning ShareSoc's endorsement of the Leigh Day claim as well as Alan Miller's excoriating analysis of Link's poor oversight of the Woodford fund. Click here to read the article.

Financial Times, 18 Mar 2021, Neil Woodford: the continuing fallout of a scandal

The Financial Times mentioned ShareSoc's recent Woodford webinar, where a poll of more than 800 former Woodford investors found just 5 per cent were persuaded to back him by independent financial advisers. According to our poll, the majority of the participants used either investment platforms or fund supermarkets, which allow investors to select funds themselves. Click here to read the article.

Mindless Investment Wins Out?

Last week on-line investment news site Citywire published a report headlined “Tracker fund sales smash records as UK investors pile into passives”. I was the first to add a...

Woodford Closing Down and How to Avoid Dud Managers

No sooner had I suggested that Neil Woodford should retire after his management company was fired from looking after the Woodford Equity Income Fund (see my personal blog article...

Bonmarché Update, FCA Grilling over Woodford and Amati AIM VCT AGM

Yesterday Bonmarché (BON) conceded defeat in its opposition to a takeover bid at 11.4p. On the 17th May it had rejected the bid because it “materially undervalues Bonmarché and its prospects”. The share price of this women’s clothing retailer was over 100p a year ago but the latest trading review suggests sales are dire because of underlying weakness in the clothing market and “a lack of seasonal weather”. Auditors might have qualified the accounts due to be published soon due to ...

Will Neil Woodford Succeed?

How long do you give a fund manager before giving up on poor performance? This is the key question faced by investors in the funds run by Neil Woodford and his Woodford Investment Management company. Neil Woodford had a very successful record at Invesco – their High Income fund turned £10,000 into £230,000 over 25 years. In 2014 he departed to set up his own investment company and he attracted many followers to the new platform but the record since then has ...