Investment Week (June 24)
“The highly-publicised suspension of Neil Woodford’s flagship LF Woodford Equity Income fund has significantly damaged the UK general public’s relationship with investing…. There will ‘clearly be ramifications’ for the active management industry.”
Tags: Active management, Damage, Flagship, Fund, General public, Investing, Ramifications, Suspension, UK, Woodford
New York Times (June 23)
President Trump has made a mess of Iran. His “decision to withdraw from the nuclear deal and impose crippling sanctions, when Iran was in full compliance, was foolish and, predictably, has backfired.” Still, “we are where we are” and fortunately that’s not yet full-scale war. “Finding a way to leverage his massive mistakes while demonstrating the will and capacity to climb down is our least bad option.” If he can act rationally, “with uncharacteristic clarity and resolve,” the President “now has an opening to restart talks on Iran’s nuclear program.”
Tags: Backfired, Compliance, Foolish, Iran, Mess, Mistakes, Nuclear deal, Opening, Sanctions, Trump, War, Withdraw
