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.
Analysis from PJT Park Hill
New letter to investors today
Final fund of beleaguered manager
Group dismisses claims it failed in its role over Woodford fund
According to Sky News
Downward revaluation of Industrial Heat
Decision from Link expected 'in the coming weeks'
Experts reveal their top picks
Estimates for year to March 2019
Investor trust requires transparency
Investors 'failed to equip themselves'
Moving on from Neil Woodford's downfall
Experts warn of lengthy delays in investors recouping losses
Defunct fund's maintenance fees totalled over £184,000 a day
Woodford Patient Capital Trust board slammed for 'failure to act independently' in 'sorry Woodford saga'
Scramble over how best to take trusts forward
12 months to forget for former star manager
'Serious conflict of interest'
'Exact timescale' of complaints not yet provided
Company breaks silence following Woodford IM closure
Elevated redemptions expected
Following earlier fund terminations
New manager likely to be appointed