thewealthnet

Stung Woodford investors were attracted by reputation, buy lists and positive press

News Team, 13/10/2021

The Association of Investment Companies (AIC) has released a study detailing the impact of the collapse of Woodford Investment Management on its private investors.

Eighty-sex percent of Woodford investors who were impacted by the suspension of the Woodford Equity Income in June 2019 suffered a negative impact on their finances, while 53 percent reported a negative impact on their general well-being.

The AIC’s research also casts light on why private invest...


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