Funds

Follows suspension of Equity Income

'This looks and feels like a bubble'

Grows pre-tax profits by 46%

£6.1m share sale

Insists funds are balanced

Fee to remain unchanged

Removed from Omnis Income & Growth fund management

Reduced UK outflows

Wider access for European investors

Woodford Equity Income's investment process has become "structurally impaired" following its suspension, according to Morningstar's Peter Brunt.