Theres a line from the famous F Scott Fitzgerald novel The Great Gatsby that comes to mind at the moment, βYou canβt repeat the past.β
βCanβt repeat the past?β he cried incredulously. βWhy of course you can!β
News has emerged that Neil Woodford, yes that Neil Woodford, is set to launch a new investment fund for professionals and high net worth individuals. He appears contrite, ready to serve at the altar of investment management once again, saying he is “sorry”.
Its an interesting case, should this be allowed? More importantly will he be trusted?
Lets hope the same mistakes aren’t made all over again, maybe there will be all new ones.