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YouTube fundie walks awayBY ELIZABETH MCARTHUR | THURSDAY, 17 OCT 2019 3:16PM
The embattled UK fund manager, Neil Woodford, has resigned from his namesake funds and is closing down his business.
Read more: Link, Neil Woodford, Woodford Patient Capital Trust, WEIF, LF Woodford Equity Income Fund, BlackRock Advisers, Invesco, London Stock Exchange, Portfolio Manager, Woodford Income Focus Fund, Woodford Investment Management Limited
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The Queensland-headquartered asset manager has appointed a general manager for capital solutions, and an investment director in its state investments team.
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New York based ARP Investments has entered the Australian market through a partnership with Axius Partners.
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A fourth person has been sentenced to four years imprisonment for their role in a syndicate that allegedly defrauded the Commonwealth of over $105 million.
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The International Monetary Fund has predicted global public debt will rise to its highest levels in history as a result of the economic fallout from the COVID-19 pandemic.
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