Woodford fund’s biotech share sale is confirmed as law firm looks to launch investor claims against administrator Link over the collapse A year after its suspension, law firm Nelsons has confirmed it is looking to claim compensation for investors in the Woodford Equity Income fund The announcement comes as fund’s administrator Link confirms the sale … Read more
Brooklyn Nine-Nine star Stephanie Beatriz asks actors who play cops to donate to Bail Fund Network amid protests as she gives $11k to the cause By George Stark For Dailymail.com Published: 23:58 BST, 2 June 2020 | Updated: 23:58 BST, 2 June 2020 She plays Detective Rosa Diaz on the hit sitcom Brooklyn Nine-Nine. Now, … Read more
On this day last year, hundreds of thousands of investors who had entrusted their life savings to revered fund manager Neil Woodford discovered their money was trapped. The popular Woodford Equity Income fund was frozen following a flood of withdrawal requests amid concerns about its performance. This left ordinary savers barred from accessing their money … Read more
UK’s largest pension fund cuts out ‘financially unsuitable’ coal, tobacco and arms manufacturing By Daily Mail City & Finance Reporter Published: 21:50 BST, 1 June 2020 | Updated: 22:09 BST, 1 June 2020 The Universities Superannuation Scheme is to ditch investments in sectors including coal, tobacco and arms manufacturing The UK’s largest private sector retirement fund … Read more
Zuckerberg fund builds $100m stake in biotech company working with GlaxoSmithKline on coronavirus cures By Jamie Nimmo, Financial Mail On Sunday Published: 21:59 BST, 30 May 2020 | Updated: 21:59 BST, 30 May 2020 A secretive investment firm that manages money for Silicon Valley moguls including Mark Zuckerberg has quietly built a $100million stake in … Read more
You could almost hear the sigh of relief across the City at the end of last year when Boris Johnson swept to victory in the General Election. The threat of a Jeremy Corbyn-led Labour government nationalising vast swathes of British industry had been rejected – and bosses felt they could once again get on with … Read more
JEFF PRESTRIDGE: One year on Neil Woodford’s investment fund is still in lockdown – and we are nowhere near getting closure By Jeff Prestridge for The Mail on Sunday Published: 22:01 BST, 30 May 2020 | Updated: 22:13 BST, 30 May 2020 This time time last year, I was lucky enough to be walking the … Read more
Wednesday marks the one-year anniversary of the beginning of the end for investment manager Neil Woodford, for many years the sweetheart of tens of thousands of investors. Yes, June 3, 2019 was the day Woodford’s flagship fund, Woodford Equity Income, was forced to suspend dealings because it did not have enough cash to meet a … Read more
A ‘Yorkshire only’ portfolio is being pushed to affluent investors keen on supporting regional firms, including a Wetherby-based biotech developing a Covid-19 test. The York office of the Mole Valley fund house has launched the ‘Yorkshire T20’, with annual charges starting at 1.25 per cent – not including dealing and administration fees. The minimum investment … Read more
The European Union will consider a €750 billion (£670 billion) recovery fund to help its countries weather the painful recession triggered by the coronavirus, the Commission president said yesterday. Ursula von der Leyen said it is ‘Europe’s moment’ to live up to the challenge posed by lockdowns and the collapse in trade and tourism as … Read more