Mr Woodford and his colleague, Craig Newman, have been slated over the huge sums extracted by them in the form of dividends and profits. In an interview with the BBC, he pointed to the role of Link Fund Solutions, the Woodford Fund’s supervisor, appointed at the behest of Mr Woodford himself. Mr Woodford made his name with a company called Invesco Perpetual which he joined in 1988. READ MORE For entrepreneurs, the pace of IPOs is pedestrian and that looks like continuing without some form of policy initiativeWhen Mr Woodford set up his holding company Woodford Investment Management, he could do no wrong. The problem is that Mr Woodford appears to have lost his touch when it comes to stock selection.

Source: Irish Examiner June 09, 2019 17:03 UTC