Woodford: I am more cautious on UK growth than the crowded consensus

‘I am more cautious on UK growth than the crowded consensus’

Neil Woodford explains his views on interest rates, sterling, UK growth, and how he will aim to deliver high single digit returns in a more challenging environment for UK equity investors.

Neil Woodford is the most famous face in the UK fund management industry. A star fund manager who turned a £10,000 investment in his High Income fund in 1988 into over £243,000, his decision to leave Invesco Perpetual was the biggest news of the year in 2013. Now, as the 54-year-old prepares to launch the Woodford Equity Income fund at his own firm, Woodford Investment Management, he tells Investment Week his views on the UK economy, the outlook for interest rates, and how he will deliver high single digit returns in an environment where markets have already rallied strongly. Neil Woo...