4:39 PM
Jun 05, 2019
 |  BC Extra  |  Financial News

Woodford suspends trade in flagship fund as woes for U.K. fund manager mount

Woodford Investment Management has been hit by a pair of setbacks this week as the pressure mounts on the high-profile U.K. fund manager to deliver better returns to investors.

On Monday, Woodford announced it suspended trading in its flagship Woodford Equity Income Fund due to a spike in redemptions that the fund's corporate director, Link Fund Solutions Ltd., concluded the fund could...

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