A number of staff at Woodford Investment Management have been informed they could be made redundant as the embattled firm enters its second month trying to save its £3.5bn flagship fund.
The firm, which employs approximately 45 staff, announced earlier this week that the Woodford Equity Income fund will maintain its suspension, with founder Neil Woodford admitting to investors that its...
Gérald Harlin has been appointed executive chairman
Daunting without ad valorem feees
Elevated redemptions expected
'Should be forever young'
New manager likely to be appointed