A cautionary tale.
Great read.
I remember at my old firm, they would tell clients how clever they were that they saw the Woodford failure coming and that they got out in time, only to have previously got stung by the The Arch Cru funds... Didn't remind them about that one!
Cheers Ben. Arch Cru, there’s a blast from the past.
I was working on HL's investment helpdesk when it all kicked off with Woodford... the joys!
Woodford followed by Covid made for an interesting 18 months haha - a brilliant experience in hindsight as I spoke to 100's of v.unhappy investors.
'When the fund stops' is a good book about the Woodford debacle.
Great read.
I remember at my old firm, they would tell clients how clever they were that they saw the Woodford failure coming and that they got out in time, only to have previously got stung by the The Arch Cru funds... Didn't remind them about that one!
Cheers Ben. Arch Cru, there’s a blast from the past.
I was working on HL's investment helpdesk when it all kicked off with Woodford... the joys!
Woodford followed by Covid made for an interesting 18 months haha - a brilliant experience in hindsight as I spoke to 100's of v.unhappy investors.
'When the fund stops' is a good book about the Woodford debacle.