Woodford under fire over new role with US fund that bought his assets

Woodford under fire over new role: Disgraced money man is now advising the US fund that bought his assets at knockdown prices By Lucy White For The Daily Mail Published: 22:03 GMT, 17 February 2021 | Updated: 22:22 GMT, 17 February 2021 Neil Woodford faces calls to open up about his new role with a … Read more

Ministers again refuse to back proposals aimed at helping disabled trust fund savers

The Government has again refused to publicly back proposals designed to make it easier for the parents of disabled children to access Child Trust Fund savings, as it was warned as much as £107million could be ‘lost’ over the next decade. Responding to questions in the House of Lords on Thursday, justice minister Lord Wolfson … Read more

Neil Woodford plots shock comeback with Jersey-based biotech fund

Neil Woodford plots shock comeback with new Jersey-based biotech fund – but it won’t be taking small investors’ money Neil Woodford’s £3billion Equity Income fund collapsed in October 2019 Savers had been locked out of their investments as increasing numbers attempted to pull their money out He is now planning to create a new fund … Read more

Disgraced fund boss Neil Woodford FINALLY says he is ‘very sorry for what I did wrong’

Disgraced fund boss Neil Woodford FINALLY says he is ‘very sorry for what I did wrong’ but that he doesn’t want to ‘hide away and beat myself up’  Neil Woodford’s £3 billion Equity Income fund collapsed in October 2019 Savers had been locked out of their investments as increasing numbers attempted to pull their money … Read more

What makes star fund managers lose their sparkle?

What makes star fund managers lose their sparkle? They go to pastures new and then lose their Midas touch By Edmund Tirbutt, Financial Mail on Sunday Published: 21:52 GMT, 13 February 2021 | Updated: 22:06 GMT, 13 February 2021 Fall from grace: Neil Woodford When a star fund manager moves to pastures new, it’s no … Read more

Chase Coleman III named world’s top hedge fund manager after making $3bn last year

A descendant of the last Dutch governor of New York has been named the world’s top-earning hedge fund manager for 2020 after adding $3 billion to his fortune in just one year. Chase Coleman III,  who is related to Peter Stuyvesant who governed New York in the 1600s, topped Bloomberg’s annual list of the top-earning hedge … Read more

Child Trust Fund proposals offer hope to families of disabled children

The parents of as many as four in five disabled children currently unable to access their Child Trust Fund savings may no longer have to go to court to get access to the money after a way of avoiding the costly and time-consuming process was greenlit by savings providers. A majority of Child Trust Fund … Read more

Neil Woodford fund savers begin legal battle for compensation

Legal battle to win compensation for savers in Neil Woodford’s flagship fund now under way after crucial insurance and financial backing secured By Daily Mail City & Finance Reporter Published: 21:50 GMT, 7 February 2021 | Updated: 21:50 GMT, 7 February 2021 A legal battle to win compensation for savers in Neil Woodford’s flagship fund … Read more

Professional gambler, 56, who used her winnings to fund secret cannabis farm must pay back £200,000

Lisa Scotney, 56, gave Shaun Wilkinson £73,000 to set up the operation at the luxurious farmhouse in affluent Hockley, West Midlands A professional gambler whose winnings financed a secret drugs factory in a rented £2million mansion is facing jail if she fails to repay almost £200,000 of her ill-gotten gains. Lisa Scotney, 56, gave Shaun … Read more

M&G Investment boss unveils £5bn fund to back pioneering green firms

M&G to back pioneering green firms: Investment boss unveils £5bn fund to stake private firms creating new green technologies By Alex Brummer for the Daily Mail Published: 01:00 GMT, 4 February 2021 | Updated: 01:00 GMT, 4 February 2021 One of Britain’s biggest investment managers will today reveal that it is launching a £5billion fund … Read more