“Woodford to return to fund management”

Feb 16, 2021 | Investments

Star fund manager Neil Woodford had a big following of both corporate and individual punters, most of whom lost big time when his solo venture crashed last year. He alone did pretty well out of it all and is about to rise again, it seems. Problem was that he took long-term bets on smaller companies, whose shares couldn’t be sold when those punters wanted out. If only they hadn’t wanted out, they’d have been fine, he says. Maybe. Or, maybe, he would say that, wouldn’t he?

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