ALEX BRUMMER: Neil Woodford should suspend fees or be banished from City

ALEX BRUMMER: Neil Woodford should be ordered to suspend fees – if he declines, his ‘approved’ status should be removed, banishing him from the City By Alex Brummer for the Daily Mail Published: 21:51 BST, 22 July 2019 | Updated: 17:28 BST, 23 July 2019 Seven weeks have passed since investors in the Woodford flagship … Read more

Woodford bombshell: Why his flagship fund may NEVER reopen

Damning: The analysis questions the value of Neil Woodford’s holdings The future of two of Neil Woodford’s key investment funds is extremely bleak, one leading City expert has told The Mail on Sunday.  He makes this devastating assessment of flagship vehicle Woodford Equity Income and investment trust Patient Capital because of their stakes in a … Read more

What’s gone wrong for Neil Woodford and Philip Green? This is Money podcast

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 GMT, 7 June 2019 | Updated: 16:08 GMT, 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

High-flyers cashed in weeks before Woodford crisis sent stock tumbling 

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 GMT, 6 June 2019 | Updated: 10:08 GMT, 7 June 2019 Two high flyers at Hargreaves Lansdown sold millions of pounds of shares in the company just weeks before … Read more

ALEX BRUMMER: Why wasn’t HL more wise to fissures in the Woodford approach

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

ALEX BRUMMER: Woodford investors should have better understood what they were buying into 

The cult of personality in fund management is relatively new. The people managing our assets historically were hidden in the back rooms of big investment firms, subservient to the star dealmakers and traders. Perhaps inevitably in an age of celebrity, those who put up the best performances emerged from the shadows essentially as a marketing … Read more