Old Mutual

1059 days ago

Explosive: 2018 Document from Neil Woodford which shows him admitting to screwing Old Mutual to meet redemptions

Thanks to Winnileaks I have obtained an explosive document prepared by Neil Woodford in January 2018  in which he answers questions put to him by Old Mutual for whom he – at the time – managed a value fund. I publish it in full and it is explosive in part because Woodford – for once – shows a degree of honesty in what he says. And that makes it all the more damning. If the FCA can be bothered to read this it explains in a nutshell why Neil Woodford should never again be allowed to manage other folk’s cash.