Tag Archives: Woodford

FCA fears Woodford “contagion”

Posted on December 9, 2019 by henry tapper

  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 →

Posted in age wage, FCA, FSA, pensions | Tagged , , , | 2 Comments

IFAs are living the life of Woodford

Posted on October 15, 2019 by henry tapper

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 , , , , | 11 Comments

Why do we need funds?

Posted on June 30, 2019 by henry tapper

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 →

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Lady Godiva , Neil Woodford and Peeping Tom

Posted on June 25, 2019 by henry tapper

  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 →

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How proactive do we want the FCA?

Posted on June 19, 2019 by henry tapper

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 →

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The good in gating.

Posted on June 17, 2019 by henry tapper

  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 →

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What does SJP “sacking” Woodford mean?

Posted on June 7, 2019 by henry tapper

“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 , , , , , , , | 10 Comments

Herding , Woodford and platforms

Posted on June 6, 2019 by henry tapper

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 →

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Activism over activity – we want effective asset management.

Posted on November 22, 2016 by henry tapper

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 →

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