neil woodford

Why investors should not ignore unlisted companies

Stock markets connect the monetary savings of a society with companies in need of capital to invest and grow. At its best, this allows businesses to expand, powering economic growth and prosperity while providing savers with a return on their money.

Historically, the fund management industry has acted as a successful mediator of this process. Funds, being pools of investment, allow investors access to more diversified holdings, while managers do the research and stockpicking.

Why investment funds fail, and how they can turn from zero to hero

A turnaround in a fund’s performance usually happens for one of two reasons.

The first is a change in the market or the macroeconomic environment. Certain types of stock are favoured in particular conditions. For example, growth stocks usually perform better in periods of low interest rates. Similarly, the broader economic perception of a region can affect the share price of most companies based in that region, a case in point being domestic UK stocks in the years following the Brexit vote.

Funds Fan podcast: Woodford investor payouts, and Isas and the coronavirus

February 10, 2020

In the latest Funds Fan episode, host Kyle Caldwell, deputy editor of Money Observer, examines topics including the Woodford payouts and Nick Train with guests Tom Becket, chief investment officer of Punter Southall Wealth, and Tom Bailey, staff writer at Money Observer. The podcast also tackles a reader’s question on the coronavirus, while interactive investor’s Teodor Dilov names his fund of the week.

Funds Fan is a podcast brought to you by interactive investor in partnership with Money Observer magazine and Moneywise magazine. Listen here:

How should the wind-up of LF Woodford Equity Income be treated for tax purposes?

I'm looking for guidance on how the winding up of LF Woodford Equity Income should be treated for tax purposes. I expect that this might be a subject that quite a few of your readers will also need to understand.

Let's suppose I paid 120p for some units, and I receive 60p for each of those units from the January payment, and the estimated total payments will eventually be 85p per unit. Would I, for this tax year:

Fate of Woodford Income Focus fund decided

The fate of Neil Woodford’s other open-ended fund has been decided, with Aberdeen Standard Investments appointed to manage the LF Woodford Income Focus fund.

Thomas Moore and Charles Luke will manage the £268 million fund, which was suspended on 15 October following the resignation and subsequent swift closure of Woodford Investment Management.