CONKERS' CORNER

55: An Exclusive Interview with Phil Oakley of Investors Chronicle: Let's talk Neil Woodford


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Let's talk Neil Woodford

 Many of you will know Phil Oakley from the quality of the research, investment articles and investing presentations he has delivered and completed over the years. For those few of you that are not familiar with Phil you can find the  comprehensive interview with him here  that he gave on #CONKERSCORNER of his own insightful journey in the Investment industry and beyond.

His insights and knowledge are sought after by institutions and private investors alike. Phil is currently the Associate Editor of the Investors Chronicle magazine.

At the time of this interview, Neil Woodford's Woodford Investment Management and Woodford Funds, which had been championed by most investment media, platforms and analysts at launch, is going through an annus horribilis. This has culminated in Neil Woodford/Woodford Funds stopping investors from withdrawing their own money the Woodford Equity Income Fund. This suspension of access to funds has caused outrage and anger from large institutions, private investors and even the Fund Management industry. There is even talk of a potential formal probe by the FCA into the actions taken by the Woodford Funds.

In this exclusive interview with Phil, who is a big fan of investing in quality companies over the long-term, we discuss the recent developments at Woodford Funds. In particular, its impact and the lessons learnt, as well as what could and should be done across the Fund industry going forward. Phil also explains how to select high quality stocks and gives examples of some stocks that could have long term growth and resilience. 

Topics discussed include:

Neil Woodford;

Woodford Funds;

Woodford Equity Income Fund;

Assets Under Management;

Fee structures;

Fund charges;

Funds structure;

Fund Managers;

Dividend paying equities;

Unlisted/unquoted equities;

Open ended funds;

Close ended funds;

Stocks;

Shares;

ETFs

Hargreaves Lansdown;

Treasury select committee;

Platform fees;

Marketing;

Retail Distribution Review;

Trailing commissions;

Fees;

Times of stress;

Risk;

Trackers;

Active Managed Funds;

iShares;

Organic growth;

Profit margins;

Return on Capital Employed/ ROCE;

Cashflow;

Debts/Deficits;

Fundamentals;

Importance of research;

Psychology;

FOMO;

Cognitive biases;

Thinking Independently;

High PE stocks;

Moat;

Amazon $AMZN;

VISA $V;

Mastercard $MA;

APPLE PAY

PayPal $PYPL

Diageo #DGE;

RM2;

Redde #REDD;

Dignity #DTY;

KIER #KIE;

Spirax-Sarco #SPX;

Advantages of being a private investor;

Run your winners;

Learning;

Investment Trusts;

and more.
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Thank you for reading this article, we hope you enjoyed it. Please share this article with others that you know will find it of interest.

Are you an institutional investor or private investor? What are your views or opinions on the current situation with Neil Woodford, his funds or the markets at present? Please lets us know. We look forward to hearing from you. You can find more research articles, interviews, podcasts, videos and investment insights on our website and across some of our social media platforms that include Twitter, LinkedIn, AudioBoom, iTunes, YouTube and Facebook .

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