Invesco washes its hands of 12% stake in Provident Financial
Mark Barnett had inherited the stake in the doorstop lender from Neil Woodford
Provident Financial
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FCA slaps Woodford mainstay with £3m fine
City watchdog has been investigating Moneybarn since December 2017
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NSF caves to shareholder pressure and ditches Provident bid
Lapsed deal happens in the shadow of Woodford flagship fund suspension
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M&G stands with Schroders in hostile Provident bid
Bid is backed by biggest shareholders Neil Woodford and Invesco
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Schroders swipes at Woodford and Invesco for backing hostile Provident bid
Kevin Murphy argues minority shareholders are not being protected
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Woodford-backed rival puts in £1.3bn bid for Provident Financial
Star manager and Invesco on both sides of the deal
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Woodford ups stake in Provident Financial
Star manager is the largest shareholder in the doorstep lender
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Provident nabs Transact chairman as profits slump
Integrafin chairman Patrick Snowball has stepped down from the Transact parent to join Provident Financial.
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Trojan Income tackles liquidity after Provident blow
Trojan Income manager Francis Brooke has cut portfolio holdings that could cause liquidity issues after doorstep lender Provident Financial delivered a substantial hit to fund performance over the last year.
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Aberdeen Standard Investments sues Provident Financial
Provident Financial is embroiled in a legal battle with Aberdeen Standard Investments, one of its largest investors, over an FCA probe into its troubled credit card unit Vanquis Bank.
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EdenTree on ‘savage’ hit from Provident Financial
EdenTree fund manager Sue Round has blamed “savage downgrades” among fund holdings for recent fourth quartile performance, including Provident Financial, which she argues does hold a place in an ethical portfolio.
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Woodford-favourite Spire misses the mark as CFO resigns
Another of Neil Woodford’s majority-owned holdings, Spire Healthcare, stumbled on Friday as it reported weaker earnings and announced its CFO had stepped down.