Woodford in China seeking next opportunity

Seeking early-stage assets

Beleaguered fund manager Neil Woodford has flown to China for exploratory meetings with investors for a potential comeback.

A spokesperson for Woodford Investment Management confirmed to Bloomberg that both Woodford and Craig Newman, the chief executive officer of the firm, are holding initial meetings for investors interested in early-stage assets. 2019: An appalling year for Woodford This comes following a tough year for the once-hailed fund manager, who saw his flagship fund suspended in June, before being sacked as manager by its ACD, Link Fund Solutions, culminating in Woodford IM being wound up. BlackRock, which was appointed as manager of the flagship Woodford Equity Income fund, have so far sold...