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LOC helps launch WIM

London: LOC Consulting has been behind the delivery of a new investment management company, Woodford Investment Management (WIM), which launched earlier this month with a fund of over £3.5 billion. LOC had responsibility for leading the launch programme, IT testing and set up of a project management office. "Delivery of a new, fully authorised investment management company with significant funds under management was a difficult challenge," says Nick Hamilton, COO, Woodford Investment Management. "Doing so in four months without any input from one of the principal owners significantly added to complexity (Neil Woodford was unable to participate in the process of setting up the new company due to employment restrictions).

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