Industry shaken to the core as star manager falls back down to earth

Moving on from Neil Woodford's downfall

Last week, the industry watched the final moments of the complete collapse of a star manager, with mixed feelings of shock, sadness, anger and a sense of inevitability.

While the label of star manager has lost some of its lustre in recent years, with succession planning not always proving adequate and team-based approaches rising in popularity, at the height of Neil Woodford's career he was arguably the biggest star manager.  One or all? Star manager versus team approach Before the impact of the Global Financial Crisis (GFC) kicked in, and long lunches were still commonplace, investment journalists would joke that only Woodford-related news was worth dashing back to the office for. Woodford spent the bulk of his career at Invesco having joined in ...