Industry dissects the many unknowns of Neil Woodford’s comeback
Fallen manager’s shocking return to the investment industry has left many questioning the wisdom of his decision to rise from the ashes
“Astonishing”, “a grave insult to investors”, “everything about it smells wrong”. These are just a few of the choice phrases used to describe Neil Woodford’s shocking comeback to investment management.
Once dubbed the ‘Oracle of Oxford’ but now known as one of the UK’s most infamous fund managers, Woodford grabbed headlines once again when he revealed to
The Telegraph plans to launch a new investment business – WCM Partners.
Three things your client may call you about this week .
Content by subject
Professional Adviser hosts must-attend events for the financial adviser sector.
The success and reach of the brand has enabled us to deliver a series of market-leading events, including our popular breakfast briefings, awards and conferences.
Download and use the apps
Access your subscription from outside of the office
Get relevant news and insight straight to your inbox Tax on private sector workers
Three things your client may call you about this week.
Professional Adviser
The potential lifetime allowance freeze, hidden investment charges and Woodford s got the gang back together - here s our weekly heads-up on the financial stories that may have caught your clients attention over the weekend …
Neil Woodford has returned 16 months after the collapse of Woodford Investment Management with the launch of a new investment firm, which is working alongside Acacia Research to “advise” on an illiquid and unlisted portfolio of life sciences companies once owned by the Woodford Equity Income fund (WEIF).
Woodford will serve as CIO of WCM Partners, which will be based in Buckinghamshire and Jersey, serving institutional and high-net-worth investors. Woodford investors potentially in limbo for further.
Sign In
So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
Find whitepapers