Neil Woodford protege Mark Barnett is fired from Invesco Perpetual after 24 years By Daily Mail City & Finance Reporter Published: 21:50 BST, 15 May 2020 | Updated: 21:50 BST, 15 May 2020 Mark Barnett, the one-time protege of fallen fund manager Neil Woodford, has been fired from Invesco Perpetual. In a dramatic fall from … Read more
Mark Barnett: Ousted from Invesco Invesco has ousted fallen star manager Mark Barnett citing ‘disappointing performance’, after his flagship funds floundered during Brexit and the Covid-19 crisis. The exit of Barnett – a former protege of disgraced investor Neil Woodford – is accompanied by a shake-up of Invesco Perpetual’s UK equity team and fund portfolio. … Read more
Legal fight looms over Hargreaves Lansdown’s role in Woodford fund RGL Management is edging closer to launching a group legal claim against HL The claim is against HL’s promotion of Woodford Equity Income ahead of its closure in June last year It believes investors who bought the fund were not fully informed of the risks … Read more
Woodford management firm ‘let savers down’ by failing to raise alarm earlier, says former City minister By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 The fund services business which oversaw Neil Woodford’s doomed investment empire is under fire for failing to adequately protect … Read more
The worst investment performer in the latest notorious list of ‘dog funds’ is, unsurprisingly, Neil Woodford’s doomed equity income fund. The fallen star manager’s two former Invesco Perpetual funds are also named and shamed among the ‘biggest beasts’ – the poor performers holding the largest sums of customer money – in Bestinvest’s Spot the Dog … Read more
Most savers with direct or indirect holdings in funds run by Neil Woodford are nursing nasty losses. It is worse than that. Investors in two of the firms that promoted the Woodford cult – investor platform Hargreaves Lansdown (HL) and advisers St James’s Place – have had a nasty shock. Not everyone is a loser. … Read more
What’s gone wrong for fund manager Neil Woodford and retail mogul Sir Philip Green? The This is Money podcast By This Is Money Published: 14:53 BST, 7 June 2019 | Updated: 16:08 BST, 7 June 2019 It’s been a rocky week to say the least for Britain’s most recognisable fund manager Neil Woodford – he … Read more
Hargreaves Lansdown chiefs in £6m share sale: High-flyers cashed in weeks before Woodford crisis sent stock tumbling By Lucy White For The Daily Mail Published: 21:50 BST, 6 June 2019 | Updated: 10:08 BST, 7 June 2019 Two high flyers at Hargreaves Lansdown sold millions of pounds of shares in the company just weeks before … Read more
Neil Woodford protege Mark Barnett dumps all unquoted shares from his Income and High Income funds By Lucy White For The Daily Mail Published: 22:21 BST, 31 March 2020 | Updated: 22:21 BST, 31 March 2020 Mark Barnett will wash his hands of all the companies his funds own which are not listed on the … Read more