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Neil Woodford sacked as flagship Equity Income Fund to be shut

LONDON (Reuters) – Neil Woodford has been ousted as manager of his flagship LF Woodford Equity Income Fund, which will now be wound up to pay back investors trapped in the fund since June. The fund’s administrator, Link Fund Solutions (LFS), said on Tuesday th... More »

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Watchdog examines Guernsey listings of suspended Woodford fund

LONDON (Reuters) – Britain’s financial watchdog said it was examining a decision by a frozen Woodford fund to list investments in Guernsey, as wealth manager St James’s Place pulled 3.5 billion pounds ($4.45 billion) from the firm in a widening fall-out from t... More »