Neil Woodford

The managers of the top-performing Unicorn UK Income fund are selling down small- and mid-cap companies in favour of larger firms in a move away from its traditional hunting ground.

Neil Woodford is to use a three-week offer period to launch a new UK equity income fund when he joins Oakley Capital this May.

Star fund manager Neil Woodford's new venture has been named after the man himself, according to documents published to Companies House.

Jupiter CIO John Chatfeild-Roberts has said he will seek to invest more of his £9bn Merlin multi-manager range in funds with overseas assets if sterling maintains its upwards trend.

Neil Woodford's Invesco Perpetual Income fund has shed £550m in a single day, according to data from FE, as outflows from his portfolios continue.

Invesco Perpetual's Mark Barnett has said he will take an ‘unpredictable' approach to mitigating potential outflows when he takes over Neil Woodford's equity income funds in April.

Investment trust analysts have called for the merger of two of Mark Barnett's trusts after it was announced the manager would take on the running of the £1.1bn Edinburgh portfolio.

Fewer than one in eight managers running both open- and closed-ended funds have outperformed in their open-ended portfolios, Investment Week analysis shows.

Neil Woodford will be assisted in his new venture at Oakley Capital Management by Nick Hamilton, formerly a head of product at Invesco Perpetual.

One story dominated the headlines this week as Hargreaves Lansdown revealed its new pricing structure, but an insider dealing investigation and some fund tips for 2014 also enthralled readers.