Neil Woodford says ‘sorry’ as he announces new investment firm

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The star fund manager who fell from grace vows not to repeat mistakes after investors saw big losses. …

Speaking publicly about the affair for the first time since 2019, Mr Woodford told the Telegraph: “I’m very sorry for what I did wrong. What I was responsible for was two years of underperformance – I was the fund manager, the investment strategy was mine, I owned it and it delivered a period of underperformance.”

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