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

James Baxter-Derrington
clock • 3 min read

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...

To continue reading this article...

Join Investment Week for free

  • 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 Investment

Stories of the Week: Rishi Sunak confirms general election; Hargreaves Lansdown rejects bid; FCA approves L&G's first private markets LTAF


General Election; Hargreaves Lansdown; Legal & General: The biggest stories from the world of investment and asset management this week

Sarka Halas
clock 24 May 2024 • 1 min read
Investment Company of the Year Awards Winners Interview - Law Debenture

Investment Company of the Year Awards Winners Interview - Law Debenture

clock 23 May 2024 • 2 min read
Partner Insight: High yield fundamentals

Partner Insight: High yield fundamentals

Elevated yields and rising coupons look attractive, but credit spreads are relatively tight. This environment warrants both caution and optimism.

Thomas Hanson, Head of Europe High Yield @ Aegon Asset Management
clock 23 May 2024 • 1 min read