Woodford

The Vultures are Circling – Woodford, Carpetright et al

With the demise of the Neil Woodford’s empire and the winding up of the Woodford Equity Income Fund, investors are looking for whom to blame – other than themselves...

Woodford Fund and Trust News

The good news for investors in the Woodford Patient Capital Trust (WPCT) is that Schroders are taking over management of the portfolio.  The share price promptly jumped upwards on...

Woodford, Buffett Bot and FRC Survey

There was a very good article in the FT on Saturday on the “rise and fall of a rock star fund manager”, i.e. Neil Woodford. Essential reading for those who...

Woodford and Hargreaves Lansdown

To follow up on my previous blog post over the collapse of Woodford Investment Management and how to avoid dud managers, the focus has now turned in the national...

AIM & remuneration disclosure: still room for improvement

Some of the problems and opportunities in AIM companies were highlighted in a recent blog by Minerva Analytics which I am reproducing with their permission below, writes Cliff Weight, ShareSoc Director. Unlike their main market peers, AIM companies are not obliged to follow the detailed legislation surrounding executive pay practice. After AIM Rule 26 was changed in March 2018, they now just have to disclose which governance code they follow. For many, that will be the QCA Governance Code. While cynics often suggest ...

Olympus – A $1.7 Billion Dollar Fraud

One of the best television programmes on business matters was surely the recently broadcast documentary on the fraud at Olympus (BBC TV 4 Storyville under the title "A $1.7 Billion Dollar Fraud" - available on I-Player for the next few weeks). This was the story of Englishman Michael Woodford who was made President of Japanese public company Olympus Corporation, a large manufacturer of optical equipment (revenue $10 billion and 40,000 employees).  Although he had worked for the company for many years, he ...