蜜芽传媒

One of the UK's best-known investors, Neil Woodford, has defended himself against claims he is endorsing an industry that other investors have shunned.

Mr Woodford, who owns over 拢1bn worth of shares in tobacco companies, told Wake Up to Money he was 鈥減aid to exercise investment judgement鈥�, not 鈥渕oral judgement鈥�.

Establishing himself as one of the UK's best-known investors while running funds for Invesco, Mr Woodford set up his own firm in 2014, and now manages around 拢14bn of clients' funds.

This clip is originally from Wake Up to Money on January 8 2016.