Former fund manager Neil Woodford has launched a subscription-based investment strategy product aimed at long-term investors.
He said anyone subscribing to his new W4.0 service will get access to his investment strategies.
According to the website, monthly subscription costs start at £75 for a standard subscription, which offers access to two of Mr Woodford’s strategies, rising to £100 for extra access.
The website says the new service is aimed at “self-directed investors or investors with a financial adviser.” It says it doesn’t offer advice, but does “offer context, rationale, and updates.”
In a video on the site, Mr Woodford said he wants to give investors, “information to enable them to make better investment decisions.”
Many investors were left millions of pounds out of pocket in 2019 when Mr Woodford’s high-profile Woodford Equity Income Fund failed. A £230m redress scheme for victims was approved by the High Court in February 2024.
Investors had to wait five years for the redress scheme after the fund was suspended following high outflows in 2019.
The FCA originally calculated the losses arising from failures in liquidity management to remaining investors as being up to approximately £306m.
In April 2024 the FCA published a warning notice against Neil Woodford. It said he had a "defective and unreasonably narrow" understanding of his responsibilities for managing liquidity risks.
Soon after Mr Woodford launched his new website Woodford Views, he wrote: “I am neither hero nor villain.”
He has since blogged regularly on the site publishing his opinions about the stock market, inflation, the economy and market activity. He has also defended his actions over the failure of some funds in interviews.