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Hargreaves Lansdown shakes up its best buy funds list in wake of the Neil Woodford debacle By Lucy White For The Daily Mail Published: 21:51 BST, 29 June 2020 | Updated: 21:51 BST, 29 June 2020 Hargreaves Lansdown will publish its updated list of recommended funds today as it tries to repair its image following … Read more
Woodford fund’s biotech share sale is confirmed as law firm looks to launch investor claims against administrator Link over the collapse A year after its suspension, law firm Nelsons has confirmed it is looking to claim compensation for investors in the Woodford Equity Income fund The announcement comes as fund’s administrator Link confirms the sale … Read more
On this day last year, hundreds of thousands of investors who had entrusted their life savings to revered fund manager Neil Woodford discovered their money was trapped. The popular Woodford Equity Income fund was frozen following a flood of withdrawal requests amid concerns about its performance. This left ordinary savers barred from accessing their money … Read more
The hopes of investors still stuck in disgraced manager Neil Woodford’s Equity Income fund of getting the rest of their money back anytime soon are at a low. A year after the fund was frozen, while two payments worth £2.3billion have been made to investors since the fund’s suspension last year, there is still some … Read more
Year of agony for Woodford savers: Failed stock picker still not brought to book with investors yet to receive what’s left of their nest eggs By Lucy White For The Daily Mail Published: 21:50 BST, 1 June 2020 | Updated: 22:08 BST, 1 June 2020 One year since investors in Neil Woodford’s flagship £3.7billion fund … Read more
Wednesday marks the one-year anniversary of the beginning of the end for investment manager Neil Woodford, for many years the sweetheart of tens of thousands of investors. Yes, June 3, 2019 was the day Woodford’s flagship fund, Woodford Equity Income, was forced to suspend dealings because it did not have enough cash to meet a … Read more
It was only a matter of time. So Friday’s announcement that fund manager Mark Barnett – dubbed ‘Son of Woodford’ – had left investment house Invesco by ‘mutual’ consent hardly took financial experts by surprise. Speaking to a number of investment advisers on Friday, the consensus view was that he should have been jettisoned by … Read more
Neil Woodford protege Mark Barnett is fired from Invesco Perpetual after 24 years By Daily Mail City & Finance Reporter Published: 21:50 BST, 15 May 2020 | Updated: 21:50 BST, 15 May 2020 Mark Barnett, the one-time protege of fallen fund manager Neil Woodford, has been fired from Invesco Perpetual. In a dramatic fall from … Read more
Mark Barnett: Ousted from Invesco Invesco has ousted fallen star manager Mark Barnett citing ‘disappointing performance’, after his flagship funds floundered during Brexit and the Covid-19 crisis. The exit of Barnett – a former protege of disgraced investor Neil Woodford – is accompanied by a shake-up of Invesco Perpetual’s UK equity team and fund portfolio. … Read more
Legal fight looms over Hargreaves Lansdown’s role in Woodford fund RGL Management is edging closer to launching a group legal claim against HL The claim is against HL’s promotion of Woodford Equity Income ahead of its closure in June last year It believes investors who bought the fund were not fully informed of the risks … Read more