04 June 2019
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Laura Suter: "Woodford has done what nobody wants to do as an investor – buy for the long-term promise and then be forced to sell before the investment has reached its full potential."
The issues facing Woodford Equity Income illustrate the problem of having illiquid assets within an open-ended fund at a time when everyone wants to head for the exit, writes Laura Suter
The issues with the Woodford Equity Income fund have been well documented - and certainly no-one needs another comment piece on star managers being out of favour or the problems with striking out on your...
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