Lindsell Train faces largest ever outflows in UK Equity fund
At the fund group level Invesco suffers most outflows since Woodford’s exit in 2013
At the fund group level Invesco suffers most outflows since Woodford’s exit in 2013
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Boutique founded by former star managers announced closure less than a week after Woodford
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Panorama labelled ‘biased’ by some and ‘entirely fair’ by others
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The UK equity managers have been out of favour thanks to Brexit
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Finsbury Growth & Income underperforms FTSE All Share
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Value manager points to profitability as it winds down less than a week after Woodford
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Woodford expected fund to re-open with £1bn of client money
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Brexit had already made UK equity funds unpopular with £2bn pulled in the last couple of months
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Fallen star manager left with few other options as Link winds down Woodford Equity Income
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ACD and fund manager reportedly hadn’t been in contact for several weeks
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PJT oversaw collapse of Enron and Lehman Brothers
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Board should have acted ‘weeks ago’ as share price hits record low on WEIF wind down
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