Britain’s best known fund manager Neil Woodford has denied being involved in a conspiracy to ‘injure’ infrastructure company Stobart Group. Woodford, founder of Woodford Investment Management, told the High Court on Monday that he was ‘shocked’ at allegations made by Stobart Group bosses. He told Judge Jonathan Russen that allegations …
Read More »Fund manager Neil Woodford sells an estimated £1.4bn in shares
Fund manager Neil Woodford has dumped around £1.4billion worth of shares in the past six months to raise money as unhappy investors pull money from his underperforming funds. Woodford has reduced his holdings in some companies including brickmaker Forterra and travel website Hostelworld. A combination of investor redemptions and underperformance …
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