Disgraced fund boss warned over his comeback: Neil Woodford is told by finance watchdog that his new company must seek approval before operating in the UK Neil Woodford announced he is preparing to launch a Jersey-based fund Up to 500,000 were affected when Woodford’s previous business failed in 2019 Events leading up to the collapse … Read more
The City watchdog is facing a furious backlash over its handling of the Neil Woodford savings scandal. As the disgraced fund manager prepares to make an audacious comeback, the Financial Conduct Authority (FCA) has been accused of ‘dragging its feet’ over its investigation into the implosion of his investment empire. And campaigners, MPs and peers … Read more
Of all the many cluster bombs left behind when Andrew Bailey left the Financial Conduct Authority (FCA) for the Bank of England a year ago, the most dangerous was the closure of Neil Woodford’s investment empire. The decision left up to 500,000 savers exposed to an estimated half-a-billion pounds of losses. It is aggravating and … Read more
Disgraced fund manager Neil Woodford is still under investigation by the City watchdog – but that hasn’t stopped him setting up an investment firm in a bid to revive his career. Woodford’s original investment empire collapsed in 2019 and since then, savers who entrusted him with their money have lost at least £1billion. That is … Read more
Disgraced fund manager Neil Woodford is planning a shock comeback 18 months after his previous solo venture imploded leaving investors with huge losses. In his first interview since the collapse of Woodford Investment Management in October 2019, the fallen star of the fund management industry said he planned to launch a new Jersey-based fund focused … Read more
Neil Woodford plots shock comeback with new Jersey-based biotech fund – but it won’t be taking small investors’ money Neil Woodford’s £3billion Equity Income fund collapsed in October 2019 Savers had been locked out of their investments as increasing numbers attempted to pull their money out He is now planning to create a new fund … Read more
Disgraced fund boss Neil Woodford FINALLY says he is ‘very sorry for what I did wrong’ but that he doesn’t want to ‘hide away and beat myself up’ Neil Woodford’s £3 billion Equity Income fund collapsed in October 2019 Savers had been locked out of their investments as increasing numbers attempted to pull their money … Read more
Disgraced fund boss Neil Woodford FINALLY says he is ‘very sorry for what I did wrong’ but that he doesn’t want to ‘hide away and beat myself up’ Neil Woodford’s £3 billion Equity Income fund collapsed in October 2019 Savers had been locked out of their investments as increasing numbers attempted to pull their money … Read more
Legal battle to win compensation for savers in Woodford’s flagship fund kicks off after crucial insurance and financial backing is secured By Daily Mail City & Finance Reporter Published: 21:50 GMT, 7 February 2021 | Updated: 09:15 GMT, 8 February 2021 A legal battle to win compensation for savers in Neil Woodford’s flagship fund is … Read more
Legal battle to win compensation for savers in Neil Woodford’s flagship fund now under way after crucial insurance and financial backing secured By Daily Mail City & Finance Reporter Published: 21:50 GMT, 7 February 2021 | Updated: 21:50 GMT, 7 February 2021 A legal battle to win compensation for savers in Neil Woodford’s flagship fund … Read more