Will SJP’s ‘knee-jerk’ blow be the end of Woodford?
Troubled equities manager is ‘not someone who gives up lightly’
Troubled equities manager is ‘not someone who gives up lightly’
Lapsed deal happens in the shadow of Woodford flagship fund suspension
CEO touts 0.15% fee where others charge up to 2%
Bid is backed by biggest shareholders Neil Woodford and Invesco
Room for Swiss manager to be also viewed as a ‘potential recovery stock’
Market cap has nearly tripled to £1.7bn
Sources tell PA that managing director Magnus Wheatley may also have already left
Technology changes are leaving firms reliant on tangible assets behind but the trend is disguised
Michael O’Brien and Sandip Patodia to take over as fees are slashed
Speculation Andrew Watson was forced out ahead of demerger
As the EU moves to require better management of waste, fund managers look to benefit
The acquisition has dominated flows at the investment group