AIC: Keep private investors away from LTAF to prevent Woodford 2.0

77% of Woodford investors have less faith in industry

James Baxter-Derrington
clock • 2 min read
Neil Woodford
Image:

Neil Woodford

Non-professional investors should not be able to access Long-Term Asset Funds (LTAF) in order to prevent another Woodford debacle, the Association of Investment Companies has warned.

The warning comes following a report from Research in Finance, which revealed that 86% of investors in the former Woodford Equity Income fund (now LF Equity Income) suffered a negative impact on their...

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