Three quarters of financial advisers 'changed behaviour' after Woodford collapse

clock • 3 min read
Three quarters of financial advisers 'changed behaviour' after Woodford collapse

Advisers are paying more attention to the liquidity of investments, and less to fund manager reputation, according to an online survey conducted by Research in Finance and commissioned by the Association of Investment Companies (AIC). The new findings revealed today (19 October) that the most common lessons advisers have learned from Woodford are to give more consideration to liquidity when choosing investments (47% of respondents) and to be less trusting of a fund manager's reputation (41...

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