Woodford fund likely to remain suspended until December: Link

The suspension of Neil Woodford's LF Woodford Equity Income Fund is unlikel...

FILE PHOTO: British fund manager Neil Woodford is seen in this undated handout image released July 18, 2019. Jonathan Atkins/Handout via REUTERS/File Photo

Woodford, one of Britain’s best-known money managers, suspended the equity income fund on June 3 after being unable to meet redemption requests, sparking an outcry among investors and prompting an investigation by the country’s markets watchdog. Famed for delivering returns by avoiding the tech bubble in the early 2000s and dodging a hit from the financial crisis several years later, Woodford now faces being sacked from managing the assets of his namesake listed investment fund.

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