Clearing the debris after the Woodford storm: Rebuilding investor trust

Winning back consumer confidence months of scandal

clock • 3 min read

For most of his career, Neil Woodford has been one of the few names those outside the industry may have heard of.

But while he has served as a glowing example of the merits of active management for years, this has turned on its head. In much the same way he instilled trust in the often-misunderstood fund management industry, he has - according to many investment professionals - villainised the sector in one fell swoop. Has Hargreaves Lansdown done enough in wake of Woodford fallout? From "rock star" to "deranged gambler" and "bond villain" (all real quotes from the press), there is no doubt the Woodford saga has damaged any positive mainstream perception of asset management. This piece is bein...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot