Built on a Lie: The Rise and Fall of Neil Woodford and the Fate of Middle England’s Money

· Penguin UK
Ebook
256
Pages
Eligible

About this ebook

He was the most celebrated and successful British investor of his generation - but it was all built on a lie.

Neil Woodford spent years beating the market; betting against the dot com bubble and the banks before the financial crash in 2008, making blockbuster returns for investors and earning himself a reputation of 'the man who made Middle England rich'.

But, in 2019, Woodford's asset management company collapsed, trapping hundreds of thousands of rainy-day savers in his flagship fund and hanging £3.6 billion in the balance.

In Built on a Lie, Financial Times reporter Owen Walker reveals the disastrous failings of Woodford, the greed at the heart of his operation and the full, jaw-dropping story of Europe's biggest investment scandal in a decade.

'Vital financial journalism with heart' Emma Barnett, broadcaster

'This is a must read!' Vince Cable, former leader of the Liberal Democrats

'Reads like a rip roaring tale of a corporate high wire act' John McDonnell, former Shadow Chancellor

'Should be sold with a bottle of blood-pressure pills' Edward Lucas, The Time

He was the most celebrated and successful British investor of his generation - but it was all built on a lie. Neil Woodford spent years beating the market; betting against the dot com bubble and the banks before the financial crash in 2008, making blockbuster returns for investors and earning hi...

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About the author

Owen Walker is an award-winning business journalist, covering European banks for the Financial Times. He was previously asset management correspondent at the newspaper and his reporting on Neil Woodford's downfall led to the FT winning business and finance team of the year at the 2019 Society of Editors' Press Awards. His first book, Barbarians in the Boardroom, covered activist investors and was published in 2016.
Owen Walker is an award-winning business journalist, covering European banks for the Financial Times. He was previously asset management correspondent at the newspaper and his reporting on Neil Woodford's downfall led to the FT winning business and finance team of the year at the 2019 Society of ...

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