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Platforms react to Fidelity blocking Income Focus purchases

Fidelity has blocked purchases of the Woodford Income Focus fund
Fidelity has blocked purchases of the Woodford Income Focus fund
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Platform providers have dubbed Fidelity International's decision to block investors from buying into the Woodford Income Focus fund as "highly unusual" and "unprecedented" - despite claiming star fund manager Neil Woodford "is finished".

Fidelity announced this week that personal investors would no longer be able to buy new units in Woodford Income Focus, although they would still be able to withdraw money. Earlier this month the Woodford...

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