Unpicking Woodford’s woes and the undressing of Majestic Wine
In this podcast with Investors Champion, Chris Boxall, co-founder of Fundamental Asset Management, discusses how the problems at the Woodford Equity Income Fund have come about and how regulators, market commentators, financial supermarkets and individual investors can ensure it doesn’t happen again.
As a small cap specialist, Chris and the team at Fundamental, know all too well the difficulty of investing in smaller companies and managing client expectations at certain times.
Chris also considers the change of strategy at Majestic Wine (LON:WINE), one of AIM’s oldest constituents, which is trying to sell its Majestic Wine business to focus on the newer, faster growing, Naked Wines. It certainly looks a bold move for a company that used to be a prime pick for many Inheritance Tax planning portfolios but which has fallen out of favour in recent years.
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