It is exactly 12 months to the day since the Woodford UK Equity Income Fund was suspended. Here, Mike Barrett looks at how the saga has affected advisers and investors
Everyone remembers where they were this time a year ago. I'd just finished a client meeting (remember them?) in London with the boss, and we'd nipped into a nearby pub (remember them?) for a quick debrief. The TV screens were showing one of the first cricket World Cup matches (remember live sport?) and as much as I tried to get Mark interested in what was happening, attention quickly turned to our phones. Why have we got dozens of missed calls? Why is every journo in town emailing us? What is going on? Of course, the answer was the suspension of Woodford Equity Income fund, in all its...
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