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View the article online at http://citywire.co.uk/wealth-manager/article/a745920

Tidjane Thiam: I was wrong about the ‘magician’ Woolnough

by Dylan Lobo on Apr 11, 2014 at 07:35

Last week it was rumoured Woolnough was the mystery recipient of a £17.5 million pay reward from Prudential in 2013.

The Opitmal Income fund, which launched in December 2006, has returned 87% in the five years to the end of March versus a 73% rise in the benchmark.

The fund's maximum drawdown of 3.03% is the second best in it peer group, which contains 43 funds with a five-year track record.

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