Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Woodford FCA authorised: the full starting team revealed

Woodford FCA authorised: the full starting team revealed

The Financial Conduct Authority (FCA) has authorised Woodford Investment Management.

According to the FCA, Woodford Investment Management may now control but not hold client money and assets.

The FCA authorisation also lists the full list of individuals tied to the firm for the first time. Citywire A-rated Neil Woodford is a partner and is CF30 approved, with Paul Lamacraft and Stephen Lamacraftwhose recruitment was revealed yesterday - both holding the CF30 designation there too.

Other known recruits Gray Smith, Nicolas Hamilton and Craig Newman are partners as well.

Two non-executive directors have also been identified: Mary Reilly, a former audit partner at Deloitte where she was also head of charities; and Martin Walton, chief executive of life-sciences specialist Excalibur Fund Managers.

Walton is responsible for Excalibur’s investment and business activities, having joined the company in 2011 after a 25-year career as an investment banker and investor in medical and other sectors.

He has run private-equity portfolios and hedge funds with assets in excess of £4 billion, and also worked extensively with sovereign wealth funds.

Reilly is additionally a non-executive member of the Department for Transport’s board, and was previously chair of the London Development Agency and sat on the board of the London Organising Committee of the Olympic and Paralympic Games.

Meanwhile an individual named Paul Green holds the firm’s CF28 systems and controls approval.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter