Woodford’s flagship fund failure: why investors need to look themselves in the mirror
From Investment Week:
Why is it that whenever a brash, buccaneering behemoth from the investment world falls from grace, all the subsequent blame is concentrated on the individual in question?
Sure, for any fund that sees its assets more than halve in the space of two years, the person responsible for managing the money has to eat a large slice of humble pie. 2019: An appalling year for Woodford.