Tag Archives: Woodford
FCA fears Woodford “contagion”
Then went the devils out of the man, and entered into the swine: and the herd ran violently down a steep place into the lake, and were choked. Luke 8:33 The City regulator is investigating funds worth more than … Continue reading
IFAs are living the life of Woodford
Having spent nearly 24 hours somewhere in a field hotel in Hampshire, I am seriously worried about the complacency of IFAs. Indulged beyond measure, flattered by the fund managers that pay their bills seem oblivious to the conflicts of interests … Continue reading
Posted in advice gap, age wage, pensions
Tagged IFA, Investment, life of Woodford, Neil Woodford, Woodford
11 Comments
Why do we need funds?
James Coney, formerly of the Daily Mail and now of the Times is a campaigning journalist who says it as he sees it- and that’s refreshingly transparent He is asking in an article the question that’s in the title of … Continue reading
Lady Godiva , Neil Woodford and Peeping Tom
I have taken to reading some of the commentary about what’s going on with this chap Neil Woodford because it’s generally guff and makes me laugh. This blog makes me laugh (and cry) out loud. It’s entitled “Benefits of … Continue reading
How proactive do we want the FCA?
We get the regulators we deserve. It’s no use us whingeing that we have a reactive regulator if we demand a free market without interventions. But when there is evidence of malfeasance, we demand our regulators are quick off the … Continue reading
Posted in advice gap, pensions
Tagged Debbie Gupta, FCA, Horizon, Ian Price, Marketforce, pensions, Woodford
3 Comments
The good in gating.
The wonder of the gating of the Woodford Equity Income Fund is that it happened in peacetime. There is no financial storm, the crisis is as random of the fall of Icarus in Breughel’s famous painting. There’s no doubt … Continue reading
Posted in advice gap, age wage, pensions
Tagged Gating, Hargreaves Lansdown, illiquidity, pensions, platforms, SJP, Woodford
1 Comment
What does SJP “sacking” Woodford mean?
“HL removed Woodford from its Wealth 50 but did not force sell the funds as SJP has.” But this shows a fundamental misunderstanding of how SJP (costly restricted funds) and HL (costly self-select platform) work! https://t.co/6eQoSKNK0T — Alistair Cunningham (@Cunningham_UK) … Continue reading
Posted in FCA, governance, pensions
Tagged Funds, governance, Hargreaves Lansdown, pensions, pooled fund, segregated mandate, SJP, Woodford
10 Comments
Herding , Woodford and platforms
Adam Norris , the genius behind much of Hargreaves Lansdown’s success told me how he switched money in bulk from Equitable Life onto the HL platform. He read the society’s rules and discovered that as an Equitable policyholder, he was … Continue reading
Posted in advice gap, pensions
Tagged Hargreaves Lansdown, Liquidity, pensions, SJP, Woodford
1 Comment
Activism over activity – we want effective asset management.
Reading the FCA’s Asset Management Market Study, you’d be tempted to give up on active asset management (to be frank you might to give up on investment funds altogether). Daniel Godfrey has a piece in the FT claiming that the … Continue reading
Posted in IGC, investment, pensions
Tagged Aberdeen, dc, ESG, HSBC, LGIM, Terry Smith, trustees, Warren Buffet, Woodford
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