Woodford Flagship Fund to Close

The video discusses the liquidity issues faced by a fund manager, Woodford, who struggled to meet redemption requests due to illiquid positions. This problem, while specific to Woodford, reflects a broader industry issue, with regulatory bodies like the FCA investigating. The video also explores Woodford's career shift from large to small cap investments, which contributed to his challenges. Despite these setbacks, there is speculation about his potential comeback, possibly managing his own money.

What was the primary reason Woodford couldn't meet redemption requests?

• He had too many liquid assets.

• He couldn't sell his positions quickly enough.

• He refused to sell any assets.

• He had no redemption requests.

What investment shift contributed to Woodford's problems?

• From domestic to international markets.

• From large cap to smaller companies.

• From liquid to illiquid assets.

• From small cap to large cap companies.

What did Mark Carney say about funds investing in illiquid assets?

• They are a safe investment.

• They are built on a lie.

• They offer great returns.

• They are the future of investing.

What is the board of Woodford's investment trust considering?

• Increasing his salary.

• Replacing him as manager.

• Expanding the fund.

• Merging with another fund.

What is a potential future challenge for Woodford?

• Managing external money.

• Reducing his asset base.

• Finding new investors.

• Expanding his fund.