Built on a Lie: The Rise and Fall of Neil Woodford and the Fate of Middle England's Money (Paperback) (ISBN-13: 9780241468210)

The proud owner of a sprawling 14m estate in the Cotswolds, boasting a stable of eventing horses, a fleet of supercars and neighbouring the royal family, Neil Woodford was the most celebrated and successful British investor of his generation. He spent years beating the market; betting against the dot com bubble in the 1990s and the banks before the financial crash in 2008, making blockbuster returns for his investors and earning himself a reputation of 'the man who made Middle England rich'. But, in 2019, after a stream of poorly-judged investments, Woodford's asset management company collapsed, trapping hundreds of thousands of rainy-day savers in his flagship fund and hanging 3.6bn in the balance. In Built on a Lie, Financial Times reporter Owen Walker reveals the disastrous failings of Woodford, the greed at the heart of his operation, the flaws of an industry in thrall to its star performers and the dangers of limited regulation. With exclusive access to Woodford's inner circle, Walker will reveal the full, jaw-dropping story of Europe's biggest investment scandal in a decade.

Author: Owen Walker
ISBN-10: 0241468213
ISBN-13: 9780241468210
Publisher: Penguin Business
Language: English
Published: 08/01/2023
Pages: 208
Format: Paperback
Weight: 0.41lbs