Woodford Equity Income has seen its total assets fall by £560m to below £3.8bn in less than four weeks as investors exit Neil Woodford's flagship fund amid a sustained period of poor performance.
The rapidly shrinking fund, which has fallen by around two-thirds from its 2017 AUM peak of £10.2bn, has drawn the attention of investment heavyweights and regulators alike, according to the Financial...
'Gap between value and price as wide as I have ever seen'
Reduced UK outflows
Subject to shareholder approval
Originally held the trust in 2015
'Substantial lessening' of competition
252 firms pulled out
Go alone for follow the crowd?
Once-in-a-lifetime out, necessities in