Neil Woodford has issued a letter to clients promising a revamped portfolio in the suspended Equity Income fund when it re-opens, as he reiterated his commitment to investing in undervalued companies.
Apologising for the suspension of the fund once again, the veteran investor has admitted he has been disappointed with the performance of the fund "for some time". "This underperformance has, in part,...
Granted leave to appeal the judgement
All managers will move to Charles Stanley
£105,000 worse off
Reduced UK outflows
Completion in 3 minutes
Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers