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Access here alternative investment news about Woodford Fund: Thousands Of Investors Frustrated As Cash Remains Locked Up For At Least Another Month | The Independent
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Woodford Fund: Thousands Of Investors Frustrated As Cash Remains Locked Up For At Least Another Month | The Independent

by independent.co.uk posted 2weeks ago 125 views
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.

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