Woodford Concerns

tigerspill

Which exact funds does this relate to?
Does anyone have the SEDOL/ISIN references?

I have a WF fund that "sounds" similar, but not sure it is one of the problem funds.
LF Woodford Equity Income C Acc GBP
SEDOL: BLRZQ73 | ISIN: GB00BLRZQ737 | MEX: CFAAIC | CITI: KEBC

Lokolo

tigerspill wrote: »

Which exact funds does this relate to?
Does anyone have the SEDOL/ISIN references?

I have a WF fund that "sounds" similar, but not sure it is one of the problem funds.
LF Woodford Equity Income C Acc GBP
SEDOL: BLRZQ73 | ISIN: GB00BLRZQ737 | MEX: CFAAIC | CITI: KEBC

That is the one yes. Its Woodford Equity Income.

oxocubes

I know nothing about financial technicalities, but I have common sense.

I don't believe a single word I've heard about this golden boy and his failing fund. For around 30 years everything he touched turned to gold,but now the exact opposite is happening.

Now what was that other blokes name??? ponsy or was it madeoff

Lokolo

oxocubes wrote: »

I know nothing about financial technicalities, but I have common sense.

I don't believe a single word I've heard about this golden boy and his failing fund. For around 30 years everything he touched turned to gold,but now the exact opposite is happening.

Now what was that other blokes name??? ponsy or was it madeoff

Congratulations on making no relevant discussion to this thread.

ColdIron

There are many casualties of Neil Woodford’s downfall

https://citywire.co.uk/wealth-manager/news/there-are-many-casualties-of-neil-woodford-s-downfall/a1235202

And let's not forget the £3.5Bn in funds he manages for St James's Place, though they do not have the same exposure to unquoted companies as his day job funds

https://citywire.co.uk/funds-insider/news/woodford-faces-scrutiny-from-st-jamess-place-on-3-5bn-funds/a1233372

It could be argued that SJP have looked out for their investors interests better than HL have

tigerspill

Lokolo wrote: »

That is the one yes. Its Woodford Equity Income.

Thanks. Fortunately I haven't too much of my portfolio invested.

Aylesbury_Duck

oxocubes wrote: »

I know nothing about financial technicalities, but I have common sense.

I don't believe a single word I've heard about this golden boy and his failing fund. For around 30 years everything he touched turned to gold,but now the exact opposite is happening.

Now what was that other blokes name??? ponsy or was it madeoff

I'm a relatively new investor (not in Woodford) and even I can see the nonsense in your post. So those people who invested with Woodford for "around 30 years" and did very well in that period have no common sense? Right....

Jonbvn

KiKi wrote: »

Is it likely that the issues with the fund discussed here will impact his other funds? Ie, investors will get out altogether? I'm thinking of getting it off those today. I have the LF WF Income Focus.

Unfortunately, it will impact his other funds.

oxocubes

Lokolo wrote: »

Congratulations on making no relevant discussion to this thread.

Time will tell

Jonbvn

ColdIron wrote: »

There are many casualties of Neil Woodford’s downfall

https://citywire.co.uk/wealth-manager/news/there-are-many-casualties-of-neil-woodford-s-downfall/a1235202

This is interesting. Hopefully it will consign the Wealth 50 to the dustbin of history.

While Hargreaves Lansdown’s reputation for service is undimmed, the credibility of its investment guidance and stewardship of customers is damaged.