Woodford moves to reassure Kent after trading suspension

By Dan Peters | 05 June 2019

City heavyweight Neil Woodford has sought to reassure Kent CC and other investors after they were blocked from withdrawing from his multi-billion pound fund.

The stock market guru insisted that his firm, Woodford Investment Management, had a stabilisation strategy in place so Kent’s pension fund would eventually be able to access its £263m investment in the Equity Income Fund.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

`

Already a subscriber? Login

Business Finance Pensions Investment
Top