Link accused of letting further middleman chip into Woodford investor savings
ACD transferred eight stakes valued at £150m to Acacia Research last week
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Author: Kristen McGachey
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UK economy still in ‘dire straits’ as inflation plunges to four-year low
CPI hits 0.5% as consumption grinds to a halt in May during second full month of lockdown
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Lindsell Train delivers £40m dividend jackpot for founders and trust investors
But Nick Train forgoes investment trust performance fee in a year of ‘dramatic highs and lows’ for the share price
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SJP director claims new ESG framework would have filtered out Woodford
Rob Gardner says Woodford was ‘one of the worst-rated managers’ on SJP’s internal ratings system
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Nick Train gives investment trust rival Scottish Mortgage surprise shout out
Lindsell Train manager hails James Anderson’s annual report as ‘mandatory reading for all investors’
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Merian’s Simon Smith jumps ship for River & Mercantile as pre-acquisition shake-up continues
Merian UK distribution boss is leaving the business after over a decade
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Vanguard trails rivals after ‘dragging its feet’ on ESG
$6trn asset manager has only three ESG-type strategies in its stable available to UK investors
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Charles Stanley poaches from Brewin Dolphin for senior investment hire
Martin Tyson exits Brewin Dolphin after 17 years
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Odey Asset Management elevates two more to partner level
Follows trio of promotions at the start of the year, taking total number of partners to 18
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Neil Woodford’s former head of compliance resurfaces at industry consultancy firm
Chris Martin took over as Woodford Investment Management’s head of compliance in July 2017
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Moneysupermarket co-founder halves stake in Fundsmith emerging market trust
Simon Nixon was among the trust’s biggest backers at IPO
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SJP refuses to compensate investors who lost £1.4m on rogue adviser punt
Philip Cox used company emails and letter headed paper to sway investors to pour cash into a start-up that went bust last year