The fund manager who fell to earth
As recently as four months ago, Neil Woodford was a rock star of the finance world. Now his name is a byword for spectacular failure. So what happened?
Neil Woodford once wanted to be a Royal Air Force pilot. The fund manager’s trim build meant he could meet the first requirement for the job – fitting in the cockpit of a fighter jet – but his reflexes were his undoing. He could not react quickly enough in such a fast-moving environment.
Perhaps that slow reaction time offers a clue to Woodford’s spectacular flame-out. Last week, the one-time star of the investment...
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