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.
Follows latest quarterly reshuffle
Increased by more than a fifth in value
Company launching claim against ex-CEO
4,500 registered users
Smashed initial target
Effective from 18 June
Moved down to Bronze
Encouraging signs for UK equities
Celebrated anniversary on 21 April
Describes Prothena disappointment
Will remain cornerstone investor
IA UK Equity Income sector average down 3.9%
From top holding to 1% in 12 months
Failed to meet yield requirments
Total AUA of £42bn
Investment backdrop to look 'very different'
Fell 70% last summer
Reacts to share price drop
Shares at lowest price since 2003
Drops from five Crowns to just one
Stick with value approach
Woodford among names
Failing to meet FTSE All Share yield