View more on these topics

Woodford launches offshore feeder fund

Neil Woodford

Woodford Investment Management has today launched an offshore feeder fund for the CF Woodford Equity Income Fund.

Domiciled in Ireland, it will provide investors outside the UK with an opportunity to invest in one of the country’s most popular funds and will be available in sterling, euro and US dollars, as well as in hedged and unhedged share classes.

Craig Newman, chief executive at Woodford, said: “Launching an offshore feeder fund is a natural extension to our fund range.

“It gives wealth managers based in the Channel Islands and Isle of Man, and clients domiciled outside the UK who supported Neil in the past, the opportunity to invest in his equity income strategy again.”

Since launch, the fund has been the top ranked fund in the IA Equity Income sector, having returned 29.8 per cent compared with the FTSE All Share Index, which has returned 12.2 per cent over the period.

Recommended

Neil Woodford: Rethinking the status quo on jobs and inflation

As a student of economics and agricultural economics at Exeter University in the late 1970s and early 1980s, I was well aware of my chosen subject’s dubious nickname as the “dismal science”. In many respects, the agricultural aspect of my course appealed to me more and I did seriously contemplate a career in farming upon […]

Woodford-Neil-2014.jpg

Woodford in Govt talks over £250m tech start-up fund

Neil Woodford is in talks with the government to allocate capital to a initiative to back early-stage tech ventures outside London. The British Business Bank is working with other institutional funds to launch the £250m investment company, which will be approximately 50 per cent backed by the taxpayer, The Times reports. It will invest between £5m and […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment