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Neil Woodford defective in running his flagship fund, UK watchdog says

By Huw Jones and Kirstin Ridley LONDON (Reuters) – Neil Woodford, the former star stock picker whose flagship fund collapsed in 2019, trapping around 300,000 investors, had a “defective and unreasonably narrow” understanding of his responsibilities, Britain’s markets regulator said on Thursday. Publishing warning notices of regulatory failings by the fund manager and his Woodford…

Fund manager Woodford defective in running flagship fund, UK watchdog says

By Huw Jones and Kirstin Ridley LONDON (Reuters) -Neil Woodford, the former star stock picker whose flagship fund collapsed in 2019, trapping around 300,000 investors, had a “defective and unreasonably narrow” understanding of his responsibilities, Britain’s markets regulator said on Thursday. Publishing a warning notice setting out regulatory failings of the fund manager and his…

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