Investment - Articles - Neil Woodford and illiquid assets


Celene Lee, Principal and Senior Investment Consultant at pensions and employee benefits consulting firm, Buck, comments:

 “The decision by Kent County Council pension fund to withdraw its £236m investment mandate from the Woodford Equity Income Fund has had damaging consequences, not just for Neil Woodford, but for the fund management industry as a whole. This week’s developments highlight the importance of having a regulatory portfolio cap on investing in illiquid assets. However, it’s important to realise that investing in these assets is not, and should not, be considered as unnecessarily risky.

 Illiquid assets can help investors meet their long-term investment strategy, and also provide potentially higher returns and diversification of their investment portfolio. Clearly, getting the balance right between illiquid and easy-to-sell assets is vital, but for investors who fully understand their investment objectives and appreciate the market and the risks involved, illiquidity should not be a dirty word.”
  

Back to Index


Similar News to this Story

Pensions IHT ripple effect 22% have less trust in pensions
New research shows over a fifth (22%) of adults have less confidence in pensions due to the upcoming pensions IHT change. However, official figures sh
7 steps to protect finances from whatever the Budget holds
Budget speculation season has started after Chancellor John Healey last week announced that he will hold his inaugural Budget on 28 October 2026. AJ B
IHT impacting higher proportion of families
HMRC's latest Inheritance Tax liabilities statistics show that 4.72% of UK deaths resulted in an Inheritance Tax (IHT) charge in 2023/24. It mark

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.