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...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes