From Triumph to Trauma: The Dramatic Investment Arc of Neil Woodford скачать в хорошем качестве

From Triumph to Trauma: The Dramatic Investment Arc of Neil Woodford

Some of our conversations are deliberately different, and the man I interview here has cost me a lot of money! I also consider him a friend and somebody whose perspective I have valued. It could be said that Neil Woodford, CBE, has had a career of two halves, the first of which encompassed extraordinary investment success at Invesco Perpetual and then at Woodford Investment Management (2014-2019). At its peak, Woodford’s business managed approximately £15bn and was backed by Hargreaves Lansdowne and St. James’s Place. Its clients included Kent County Council’s pension fund, a range of wealth management firms and 300,000+ retail investors. Yet in 2019 the fund was suspended and then liquidated, following a shift in asset allocation from blue-chip public equities to illiquid, unlisted companies (he denies this was the cause of the collapse in this discussion). In the run up to the collapse, he experienced approximately £7bn of outflows. Using an investment lens, here we try to examine and understand what went right, what went wrong and now what may lie ahead. Neil remains under investigation by the UK Financial Conduct Authority at the time of this interview (March 2025). Subscribe to stay up to date with our range of fascinating interviews, featuring some of the biggest names in global finance and business! TOPICS: 00:00:00 Introduction 00:05:31 Journey into Fund Management 00:11:10 Navigating the Macroeconomy and Business Valuation 00:16:46 The Risks of New Financial Instruments and the Banking Sector 00:22:16 Navigating UK Corporate Decision-Making 00:28:21 Launching Woodford Investment Management 00:34:23 Evolution of Woodford's Investment Strategy 00:39:49 Challenges in Funding Growth for Innovative Ventures 00:45:25 The Role of Privates in Fund Management 00:50:47 Brexit's Impact on the UK Stock Market 00:56:09 The Board's Role in Patient Capital 01:01:49 Fund Suspension and Liquidation Controversy 01:07:21 Investment Challenges in Emerging Markets 01:12:31 Market Failure in UK Investment 01:17:49 Outlook on UK Economic Growth and Interest Rates 01:23:32 Conclusion SPONSORS: Schroders is a global investment and wealth manager, with a purpose to provide excellent investment performance to clients, through active investment management. Find out more: https://www.schroders.com/en/global/i... IFM Investors are a global institutional asset manager whose purpose is to invest, protect and grow the long term retirement savings of working people. They manage investments across infrastructure, debt, listed equities and private equity assets. Find out more: https://ifminvestors.com/en-gb/ The World Gold Council is membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Their team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. Find out more: https://www.gold.org/ LSEG is a leading global financial infrastructure and data provider, which plays a vital social and economic role in the world's financial system. Backed by three centuries of experience, they help 40,000+ customers in 170 countries fund innovation, manage risk & create jobs. Learn more: https://www.lseg.com/en STAY UP TO DATE ✅ Newsletter: https://www.moneymazepodcast.com/subs... ✅ LinkedIn:   / the-money-maze-podcast   ✅ X/Twitter:   / podcast_maze   LISTEN: 🎧 Apple Podcasts: https://podcasts.apple.com/gb/podcast... 🎧 Spotify: https://open.spotify.com/show/0uT0iw8... DISCLAIMER All content on the Money Maze Podcast is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. Guests and presenters may have positions in any of the investments discussed. The Money Maze Podcast is funded by third party advertising, with all episodes editorial - and not commercial - in relation to all interview content discussed. Please note, Money Maze Curated Podcasts do not contain third party advertising, and are instead funded by the featured interviewee and/or their business (these episodes are commercial, as opposed to editorial features).