Woodford promises 'much more liquid portfolio' when Equity Income fund re-opens
'Gap between value and price as wide as I have ever seen'
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,...
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!["[Rothesay Life] is a relatively new entrant without an established reputation in the business" - Justice Snowden](/api/v1/wps/fdfdab1/74bbddac-a2e8-4dbf-b109-9d617065409a/2/high-court-london-2-230x142.jpg "\"[Rothesay Life] is a relatively new entrant without an established reputation in the business\" - Justice Snowden")
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Partner Insight: Are investor biases to blame for market lows and highs?
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers
