Image:
Fidelity: "The restrictions are a temporary and precautionary measure."
Fidelity International has blocked investors from putting new money into the Woodford Income Focus fund, which has been affected by the suspension of the flagship Woodford Equity Income fund.
While Fidelity Personal Investing customers will still be able to withdraw money from the Income Focus fund, they are now prevented from buying new units. The Woodford Patient Capital investment trust...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
