Neil Woodford
Woodford’s flagship fund finds footing; smashes £10bn mark
Neil Woodford’s flagship fund found its footing in February and broke the £10bn ($12.4bn, €11.5bn) barrier as the reflation trade began to lose its shine.
PEOPLE MOVES: Cigna, Lombard Int’l, Woodford
Global health insurer Cigna has boosted its distribution platform in Asia Pacific with two senior hires. Lombard International Assurance has appointed a head of France, while Woodford has raided his alma mater Invesco Perpetual to find a head of third party relationships.
Investment | 22 Dec 16
Woodford pockets £7.2m as profits triple to £35.4m
Woodford Investment Management, the firm owned and run by star manager Neil Woodford tripled its profits to £35.4m ($43.6m, €41.8m) in the year up to March 2016, according to latest records.
Woodford IM and L&G to fund UK start-ups
Woodford Investment Management (IM) and Legal & General’s principal investment arm have taken stakes in a £150m ($187m,€176m) venture platform to support UK digital start-ups at all stages of the funding cycle.
Macro Views | 7 Nov 16
US tracker popularity resilient despite election
Tilney Bestinvest’s clients continued to put money into US tracker index funds in October despite markets being spooked by the potential outcome of the presidential election.