Neil Woodford, among the UK's best-known fund managers, suspended withdrawals from his flagship fund. He halted dealings in his £3.7 billion Woodford Equity Income fund after 23 months of net withdrawals and a 45% drop in its value over the past year. Shares in key investor Hargreaves Lansdown and fund holdings such as Allied Minds, Circassia, Eve Sleep, Kier, Purplebricks, and Redde tumbled on the news.
Neil Woodford, among the UK's best-known fund managers, suspended withdrawals from his flagship fund. He halted dealings in his £3.7 billion Woodford Equity Income fund after 23 months of net withdrawals and a 45% drop in its value over the past year. Shares in key investor Hargreaves Lansdown and fund holdings such as Allied Minds, Circassia, Eve Sleep, Kier, Purplebricks, and Redde tumbled on the news.
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