Beleaguered fund group Woodford Investment Management was under the spotlight again over the weekend as it was revealed the issues with its suspended flagship fund has wiped £36m off the value of an investment by Kent County Council, while Hargreaves Lansdown and financial advisers were also under fire in relation to the saga.
According to an official disclosure, the council's holding was worth £224m at the end of June, down from £260m three months earlier, The Telegraph reported. The council's pension fund had a substantial...
'UK investment case remains strong'
'No viable alternative'
Assist customers to get better deal
3 March 2020
CIO Stephen Jones will take up UK duties on an interim basis