Economics

Oracle of Oxford Sees Red as Stock-Picking Powers Misfire

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By Nishant Kumar, Julie Edde, and Suzy Waite

April 27, 2018 at 4:00 AM UTC

Updated on

April 27, 2018 at 9:03 AM UTC

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A master of British stock-picking has lost his touch.

Former Invesco Perpetual star Neil Woodford’s flagship fund has trailed the benchmark index since trumping peers in 2015, but now the Oxford-based investor’s main investment vehicle is in the red and his slump is deepening.