Woodford Investment Management
FCA’s Woodford probe racks up another £750,000 in costs
The watchdog’s bill for its investigation into Neil Woodford has now passed £3m
The ETF roles paying $500k, and Woodford’s never-ending saga
Catch up on all this week’s asset management news
2 min read
FCA: Neil Woodford’s oversight of flagship fund was ‘defective’
Regulator hits former investment supremo with a warning notice
3 min read
Woodford investors receive first compensation payouts
Link Fund Solutions has paid £186m to investors trapped in the Woodford Equity Income fund
2 min read
Woodford fund compensation scheme approved by High Court
A £230m redress scheme backed by the Financial Conduct Authority is expected to begin paying Woodford investors after being approved by a High Court judge
3 min read
Woodford investors green-light compensation scheme
According to Link Fund Solutions, a provisional result of the scheme meeting shows 93.7% of votes cast in favour
2 min read
FCA’s handling of Woodford redress raises new questions about its culture
Critics claim the regulator has a vested interest in not shining a light on its past mistakes
4 min read
Woodford collapse four years on: ‘It will take longer for trust and consumer confidence to return’
Investors have endured an agonising wait for the Financial Conduct Authority to conclude its probe into the suspension of Woodford’s £3.7bn Equity Income fund
5 min read
Link in talks to sell fund solutions business as Woodford probe continues
Potential deal with UK regulator means the fund services giant may not make any profit from selling its solutions business
2 min read
Woodford three years on: ‘Shameful’ silence as trapped investors still await justice
‘No one expected that this sorry saga would still not be resolved’
6 min read
Woodford’s dividends dry up as former fund house posts annual loss
Accounts published on 30 December show that no dividends were paid, and the former star stock picker's firm made a £4.2m loss
2 min read
Woodford investors edge closer to court action with administrator
Leigh Day has become the first to kick start proceedings on behalf of an initial group of 100 investors in Woodford Equity Income
Trading Places: Ex-Woodford sales head joins ETF firm, former KPMG chief exec quits and Credit Suisse risk head stands down
JPMorgan, Clifford Chance and Ashurst have all made promotions this week
Former Woodford sales exec Simon Dale joins ETF firm
Simon Dale has joined exchange traded fund boutique HANetf to oversee its European sales efforts
Woodford investors set for fourth round of payments from Link
Link Fund Solutions, which acted as authorised corporate director to Woodford's beleaguered Equity Income fund, has told investors that the latest round of payments will be made on or around 11 December
Revealed: How Hargreaves and Aberdeen Standard tried to save Woodford fund
Hargreaves Lansdown hatched a plan with Aberdeen Standard Investments to prevent Woodford's ailing Equity Income fund from being wound up
3 min read
Defunct Woodford fund shells out almost £16m to offload assets
Millions of pounds worth of fees have been paid to BlackRock, PJT Park Hill and Debevoise & Plimpton as part of the process to wind down Neil Woodford's former flagship investment fund
2 min read
Law firm prepares for legal battle with Link Fund Solutions over handling of Woodford debacle
The law firm is acting on a no-win, no-fee basis and will pay any third-party costs
2 min read
‘What’s remarkable is how long it’s taken’ — Industry reacts to FCA’s new property fund rules
The watchdog proposed that it would require investors to give up to 180 days notice before redeeming their investment
3 min read
Neil Woodford’s re-emergence would be ‘galling’ for investors
Woodford will not be managing any client money at Juno, nor will he join the company in an official capacity, but the fact he has been approached for advice has still raised eyebrows
4 min read