FCA partners with Jersey regulator to probe new Woodford venture

WEIF investigation ongoing

Mike Sheen
The FCA has faced criticism for the pace and scope of its own probe into the collapse of Woodford IM

The FCA has faced criticism for the pace and scope of its own probe into the collapse of Woodford IM

The Financial Conduct Authority (FCA) has broken its silence on Neil Woodford's return to fund management with confirmation that it is working alongside the Jersey regulator to share information on the new venture.

Woodford's return to portfolio management as CIO of WCM Partners sent shockwaves through the asset management industry on Monday, with the former star manager taking on a portfolio of life sciences assets...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Regulation

The Aegon Global Sustainable Sovereign Bond fund will be managed by government bond specialists within Aegon AM’s global fixed income platform

Aegon launches Global Sustainable Sovereign Bond fund at COP26

Strategy will be seeded with £100m from Aegon UK workplace pension fund

Pedro Gonçalves
clock 22 October 2021 • 2 min read
Thomas Coughlin of Kinesis Money

Fool me twice: The lessons we are yet to learn in the 100 years since Weimar hyperinflation

Need to recognise inherent flaws in current system

Thomas Coughlin
clock 22 October 2021 • 3 min read
The bank has pushed back against claims it may offload its asset management arm

State Street disavows claims of asset management sale - reports

Sparked by Invesco rumours

James Baxter-Derrington
clock 22 October 2021 • 1 min read