Woodford: I would not rule out a re-run of eurozone crisis

Neil Woodford has told Hargreaves Lansdown's head of research, Mark Dampier, he is wary of a re-run of the eurozone crisis which began in late 2009 and battered stocks across the continent.

Following a recent meeting with Invesco Perpetual's departing income star, Dampier said Woodford is concerned there are several unresolved aspects to the region's banking crisis, and he warned it could rear its head once more this year. Woodford (pictured) said the effects of quantitative easing (QE) are now diminishing, noting that, despite the multi-billion dollar programmes carried out by central banks, many issues remain unsolved. "Woodford does not rule out the possibility of a re-run of the eurozone crisis, as he believes the banking crisis has largely been swept under the carpe...