Invesco Perpetual's Neil Woodford said he is sticking by his significant weighting to tobacco stocks despite concerns over earnings momentum and new packaging rules putting pressure on share prices.
High street retailer JJB Sports is set to announce it is calling in administrators, according to a report by Sky News.
Invesco Perpetual's Neil Woodford has said the criticism directed by MPs at G4S CEO Nick Buckles over Olympics security was like a "medieval persecution'.
It has been a bad week for Standard Chartered, and the explosive charges the bank faces dominated the headlines this week.
Invesco Perpetual's Neil Woodford is running the most concentrated portfolios seen in his 25-year fund management career in an effort to shield his funds from economic headwinds.
John Kay has released his final report on the UK financial services sector, calling for investors to rethink their approach to portfolio construction and risk management.
Invesco Perpetual's Neil Woodford has said he expects profit warnings will come "thick and fast" in the near term after identifying them as a key risk to markets in the current environment.
Invesco Perpetual's Neil Woodford has given his backing to G4S chief executive Nick Buckles, saying the group's failure to deliver on its Olympic commitments is the fault of local management.
Neil Woodford's £20bn income portfolios are set for a boost after small-cap healthcare stock Proximagen was subject to an agreed bid, at more than twice the share price he paid.