FCA partners with Jersey regulator to probe new Woodford venture

Mike Sheen
clock • 2 min read

The UK's Financial Conduct Authority (FCA) has broken its silence on Neil Woodford's return to fund management with confirmation that it is working alongside the Jersey regulator to share information on the new venture.  Woodford's return to portfolio management as CIO of WCM Partners sent shockwaves through the asset management industry on Monday, with the former star manager taking on a portfolio of life sciences assets once owned by the now-collapsed Woodford Equity Income fund (WEIF). In a statement published on Tuesday night (16 February) FCA director of enforcement and market ov...

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