Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 16 results for "Neil Woodford"

FCA issues notices to Link Fund Solutions, Woodford

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... Woodford Equity Income Fund (WEIF) finds that the failures of Link Fund Solutions (LFS) and "star stock picker" Neil Woodford ultimately led to the fund's demise, leading to the regulator issuing notices. The regulator blamed Link Group's subsidiary ...

UK regulator flags big redress bill likely for Link

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... required to make following the mismanagement of the Woodford fund. In June 2019, after years of underperformance, Neil Woodford issued an apology to investors via YouTube whose money was frozen as a result of liquidity issues. The liquidity issues stemmed ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... 2016 when it began underperforming and became illiquid. WEIF made global headlines in 2019 when its fund manager Neil Woodford made a YouTube apology for its troubles. Leigh Day partner Boz Michalowska said: "This is a big step forward in the legal action ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... underperforming and investors requested to yank out funds. It garnered global attention in 2019 when its fund manager Neil Woodford made a YouTube apology for its poor performance and liquidity concerns. "When the fund began underperforming from late ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
The UK's financial regulator is warning investors that disgraced fund manager Neil Woodford is launching a new venture, WCM Partners. The Financial Conduct Authority was forced to act after Woodford announced that his new investment firm is in the ...

Class action over YouTube fundie fallout

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... Woodford's funds. The Woodford Equity Income Fund was spectacularly wound up after its namesake star fundie Neil Woodford offered an emotional YouTube apology for the fund's liquidity problems. However, the proposed class action brought by UK ...

YouTube fundie walks away

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
The embattled UK fund manager, Neil Woodford, has resigned from his namesake funds and is closing down his business. One day after it was announced that his flagship Woodford Equity Income Fund would be wound up, Woodford has made the shock decision ...

YouTube fundie ousted, flagship fund to be wound up

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The embattled Woodford Equity Income Fund is to be wound up following a decision by Link Fund Solutions that Neil Woodford has said goes against the best interests of investors. Link, the authorised corporate director of the fund, announced last night ...

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Northern Trust chair and chief executive Michael O'Grady has defended the company giving an embattled Neil Woodford fund added flexibility on a £150 million loan. The British fundie famously took to YouTube to apologise to investors after his fund ...

Northern Trust embroiled in YouTube fundie saga

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
Northern Trust will have to approve any investments made by Neil Woodford, who famously took to YouTube to apologise for the suspension of his fund, in a fresh blow for the fundie. On Friday, Woodford Patient Capital Trust announced to the London Stock ...
PAGE:
1
PREVIOUS
NEXT