China market rout: What Neil Woodford did

Commenting on the recent sell-off triggered by escalating worries about the slowdown in China, the veteran manager said his investment strategy had focused on expectations of weak economic growth in the region. "We have spoken about the equity market correction in China, which started in earnest in June, and have been commenting on the weak China growth story for more than a year," Woodford wrote in a note to investors. "I say this now to remind investors that these events, which triggered [the] global equity panic, have been embedded in the expectations that we have in place for the ...