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Woodford's comeback and its consequences

The reappearance of Neil Woodford lights a fire under the investment industry
Woodford's comeback and its consequences
  • News of Neil Woodford's comeback plan has led to amplified calls for a full investigation into the failure of his old fund
  • Woodford could now face greater scrutiny, while legal claims are in progress on behalf of his former investors.

With around £200m still stuck in Neil Woodford’s doomed flagship fund, it was always unlikely the disgraced investor would receive a warm welcome back to public life. Yet his mooted return could ultimately trigger much more than an angry investor backlash.

In an interview published on the weekend of 13 February, Woodford told the Sunday Telegraph he was “very sorry for what I did wrong,” but otherwise showed few signs of contrition. He blamed others for his equity income fund's demise, claiming his investment approach would ultimately have been vindicated.

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