Fund Suspension Update from Neil Woodford
Leading UK fund manager Neil Woodford issued an update this week following the decision to suspend all investor dealing in the LF Woodford Equity Income Fund.
The news that Woodford had suspended its flagship fund has prompted much discussion and debate within the financial community, however much of this has been pure speculation. Woodford shared a video update and provided a Q&A on their website this week which outlines why the decision has been taken and what the protocol will be moving forward. You can see the video below along with a link to the Q&A.
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