The investment industry - luck or judgement?
You hand over your long-term savings to financial experts - but how do you know if they are investing it wisely? The woes of star fund picker Neil Woodford show the complications.
You trust financial professionals to grow your long term savings and pension pot. But how do you know if they are investing it wisely? The UK investment industry is awash with complicated terms and conditions, and unclear and sometimes high charges, which can eat into your monetary returns. The woes of star fund manager Neil Woodford, who has temporarily frozen one of his funds to its investors after poor performance, highlights just how complicated an industry it is. Is some clarity starting to emerge? Evan Davis and expert guests look under the bonnet of the UK investment industry.
James Anderson, partner at Baillie Gifford, who jointly manage the Scottish Mortgage Investment Trust
Bella Caridade Ferreira, chief executive and founder of Fundscape
Sean Hagerty, managing director of Vanguard Europe
Producer: Lesley McAlpine