Neil Woodford

Woodford Investment Management raised £1.6bn for the CF Woodford Equity Income fund during its offer period this month, the company has announced.

A hike in the base rate of as little as 0.25% would have a much greater impact on the disposable incomes of highly indebted consumers, potentially threatening the UK's recovery, Neil Woodford has said.

A tough economic backdrop, no performance track record, or a lack of clout when it comes to distribution can all hamper a fund launch these days, but thirty years ago the challenges were very different.

Woodford Investment Management, the new fund group set up by veteran fund manager Neil Woodford, is set to back the flotation of breakdown recovery service the AA.

Neil Woodford's new fund is a focal point of investor interest at the moment, but those looking to diversify their UK equity income exposure have a number of alternatives.

Invesco Perpetual's co-head of fixed interest Paul Read has said he expects the UK's base rate to rise in the first quarter of next year, in contrast to the forecast of his former colleague Neil Woodford.

Neil Woodford has been handed a mandate on Skandia's WealthSelect range, likely in the region of hundreds of millions of pounds, and the platform will be able to access the manager's 65bps share class.

Standard Life has become the second platform to secure cheaper access to Neil Woodford's new fund, after the group negotiated access to the 0.65% AMC share class.

Neil Woodford is considering opening talks with his former firm Invesco Perpetual about a private multi-billion pound deal to bring across his old stakes in the country's largest stocks, and avoid creating havoc in their share prices.

Mark Barnett has cut some of former manager Neil Woodford's favourite holdings in the £1.4bn Edinburgh investment trust, adding 14 new stocks since the beginning of the year.