Neil Woodford’s reputation and performance will take a decade to recover from the decision to lock investors in his fund this June, according to retail-fund experts, with some questioning whether the 59-year-old will have the appetite to rebuild his business.
The trading freeze on the stock picker’s flagship fund is scheduled to last at least until December. But on October 9, panellists at a Financial News breakfast briefing event on the Woodford crisis said this timescale could slip further.