Two years since Woodford: A turning point amid endless questions?

James Baxter-Derrington
clock • 3 min read
Investment Week's James Baxter-Derrington
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Investment Week's James Baxter-Derrington

It has now been two years since Neil Woodford showed his last act of unqualified contrition, apologising to investors as he and Link Fund Solutions agreed to suspend the soon-to-be doomed Woodford Equity Income fund.

In that time, four law firms have launched class action lawsuits against authorised corporate director Link (and one against Hargreaves Lansdown, with another being considered), the Treasury Select Committee has appointed a new head and the FCA has had two, and Woodford has attempted to set up shop in at least three jurisdictions. The book on the matter has quite literally been written twice. If Woodford was really sorry, he would stay away and let investment industry rebuild Yet, as of last week, the UK regulator had only interviewed 14 people and issued "over 30" information requ...

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