Star fund manager extends suspension indefinitely as part of plan to sell off unlisted shares. :
Investment manager Neil Woodford will keep his flagship £3.7bn fund frozen for at least another 28 days, leaving hundreds of thousands of savers without access to their money. Mr Woodford, one of Britain’s best-known stock-pickers, suspended withdrawals from the Equity Income Fund on 3 June, after a long run of poor performance prompted investors to ask for their money back, leaving the fund unable to sell off assets fast enough to meet further requests for redemptions.