Former Invesco Perpetual star manager’s new fund, Woodford Equity Income, has in less than a year produced a return of £11,960 per £10,000 invested
Neil Woodford, one of Britain’s most successful fund managers, has been named as the best performer in the UK equity income sector after his new fund delivered an investment return of nearly 20{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} in less than a year.
Woodford Equity Income, which he set up after quitting Invesco Perpetual, has returned 19.6{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} to investors since 19 June 2014, which means £10,000 invested at launch is now worth around £11,960.
Related: Neil Woodford quits Invesco Perpetual in shock departure
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SOURCE: Investment funds | The Guardian – Read entire story here.
