Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 2 min read

A look Woodford's 'protégé', potential class actions and angry investors - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

The Woodford factor: protégé Mark Barnett under pressure at Invesco Mark Barnett, who runs the Invesco Income and High Income funds and is described by The Sunday Times as Neil Woodford's "protégé", is battling to stem huge outflows from his funds while facing a rise in exposure to risky, unquoted companies. The Sunday Times reports that, since January, savers have pulled out more than £1.5bn from the two funds. Meanwhile, in High Income, Barnett's exposure to so-called unquoted shares rose from 4.44% at the start of the year to 4.91% by the end of June. The paper points out Barnett's...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'No news is good news': Spring Statement stability welcomed

'No news is good news': Spring Statement stability welcomed

‘This was a low-key event, especially for pensions’

Jenna Brown
clock 03 March 2026 • 4 min read
FCA opens targeted support authorisation gateway

FCA opens targeted support authorisation gateway

Firms can now apply for permission to provide targeted support

Isabel Baxter
clock 02 March 2026 • 2 min read
Nearly two million rely on unvetted influencers for financial advice

Nearly two million rely on unvetted influencers for financial advice

Around 7.7 million UK consumers have followed social media advice

Isabel Baxter
clock 02 March 2026 • 3 min read