Woodford founders voiced concerns to FCA in 2015: reports

clock • 2 min read

The UK Financial Conduct Authority (FCA) was made aware of concerns about Neil Woodford's investment strategy at his fund management business back in 2015, but did not act until nearly two years later, according to reports. The Financial Times has reported that the regulator was informed about the running of Woodford Investment Management (WIM) when Nick Hamilton and Gray Smith, two of WIM's founding partners, left the business within its first year. Hamilton, who had been chief operating officer at Woodford's business, and Smith, chief legal and compliance officer, were interviewed b...

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

Join now


Already a International Investment member?