Leading UK fund manager
Neil Woodford is founding partner of Woodford Investment Management and a leading UK fund manager. He began his career with the Dominion Insurance Company and in 1987 became a fund manager with Eagle Star, then moved to Invesco Perpetual in 1988. Woodford ran the Invesco Perpetual Income and Invesco Perpetual High Income funds, with £10.36bn and £13.64bn in assets respectively.
In April 2014, Woodford left his role as head of UK equities at Invesco to set up Woodford Investment Management. In April 2015, he launched Woodford Patient Capital Trust, a large listed investment trust.
Following the success of the Woodford Equity Income Fund, Woodford IM launched CF Woodford Income Focus in April 2017, with a higher yield target of approximately 5%. In 2012, Woodford was appointed a CBE for services to the economy.
Most successful managers take a trip down memory lane
Letter to investors
Concerns surrounding risk management
Adjustment to value of unquoted assets
'Like Cristiano Ronaldo playing goalkeeper'
Follows Woodford collapse
On or around 30 January
Latest accounts show profits fell to £16.2m to 31 March 2019
More than half of portfolio sold already
Equity Income fund drama likely to carry on into the next year
Industry rallies round Invesco manager following WEIF gating
New letter to investors today
Investors face 'heavy financial losses'
Fund suffered 1.1% loss over past three months
Effective 1 January 2020
Higher levels of 'maturity and understanding' required
Concerns raised following Equity Income fund closure
Investor urges fund group to be more cautious on promoting funds
Among the most shorted stocks in the FTSE 100
Analysis from PJT Park Hill
Final fund of beleaguered manager
Group dismisses claims it failed in its role over Woodford fund
According to Sky News