When style drift pays, and when it doesn't

When style drift pays, and when it doesn't

The fall from grace of former investment superstar Neil Woodford was the product of several missteps. While the more egregious of these are likely to continue to dominate the headlines, no account of his travails would be complete without considering the turn in fortune experienced by his traditional style of income investing. Indeed, while there’s no denying the extent to which Mr Woodfood’s portfolios drifted towards holding highly speculative illiquid investments, had his holdings in large liquid income plays delivered strong returns, events may not have proved as cataclysmic – or at least not so soon.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now