George Latham

Lessons from Woodford

And now the lawsuits are rolling in. The crisis which has destroyed Woodford Investment Management is shocking. It is also immensely damaging to confidence in the investment industry. It is tempting to suggest that the circumstances which have engulfed Woodford are unique. But we would all do well to look at what steps we can take to avoid anything like this ever happening on our own watch. This whole experience is particularly harmful at a time when trust in financial services is at a low ebb anyway. Read more …

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