Winners: Growth Stocks and Money

winners: As time went by, picking winners became more difficult and some of Woodford's growth stocks turned out to be duds, according to The Guardian. A few eyebrows were raised. His record of picking winners was such that money flowed like torrents into his funds. Eventually, as investors started to contemplate big losses, many of them asked for their money back. Or, to put it in old-fashioned terms, capital controls were imposed. The demands for redemptions became so great that trading in Woodford's flagship fund was suspended for 28 days. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.