James Henderson: Woodford's fire sale is creating the 'perfect storm' for buyers

Fund forced to sell off part of portfolio

David Brenchley
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Haulage company Eddie Stobart is among the Woodford stocks on offer to potential buyers
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Haulage company Eddie Stobart is among the Woodford stocks on offer to potential buyers

The sale of stock by Neil Woodford's stable of funds is creating opportunities to buy interesting companies at depressed valuations, according to James Henderson, manager of Henderson Opportunities Trust (HOT).

The suspended LF Woodford Equity Income fund (WEIF) has been forced to sell much of the less liquid part of its portfolio and recycle the proceeds into FTSE 350 stocks so it can meet investor redemptions...

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