MarketsEquity MarketsSharemarketPrint articleOpinionCelebrity fund managers on the nose as alternative models soarTom RichardsonJournalistFeb 21, 2023 – 2.55pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginASX-listed Link Group’s bill for letting celebrity UK fund manager Neil Woodford walk all over it in the United Kingdom is at least $449 million, being the value of its impairment declared on Monday.The investment funds administrator is still seeking a deal with the UK financial services regulator for closure of an investigation into oversight failings related to the 2019 collapse of the $6 billion Woodford Equity Income Fund (WEIF) and has generally stated it will defend class actions being led by UK lawyers against it.Loading...Tom Richardson was a journalist at The Australian Financial ReviewSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreSharemarketInvestingOpinionUKTobaccoKerr NeilsonHamish DouglassLatest In Equity marketsFetching latest articlesMost Viewed In MarketsThe Australian Financial Review MagazineThe top whisky you can buy without going on a waiting listMax AllenThe luxury travel trend you probably haven’t consideredThe restaurant that’s turning back the clock (in the best way)BOSS Financial Review5 ways to stop AI from making you dumbRachael BoltonFrom stopping thieves in the GFC to running a $1b company, via The StarNew MP Mary Aldred urges business to help women into the LiberalsLife & LeisureBacchanalian jugs and eco-blankets to make your home cosyEugenie KellyThis is the gold you should buyExtreme hiking in the heart of Australia’s own AmazonRich ListAnnie Cannon-Brookes steps out on her ownYolanda RedrupLuxury home sales take off as Australians get richerPharmacy chain ‘underdog’ takes the fight to Chemist Warehouse
