Woodford's Income fund sheds £550m in a day as outflows mount
Neil Woodford's Invesco Perpetual Income fund has shed £550m in a single day, according to data from FE, as outflows from his portfolios continue.
FE data shows the Income fund's assets fell from almost £9.1bn at the close of trading on 28 January to just over £8.5bn 24 hours later - a drop of more than 6%. Woodford's larger High Income fund,...
More on Investment
To hedge or not to hedge? The assets that benefit the most, and the least
Reducing volatility and maximising returns
Fixed income demand boosts BlackRock but lower fees weigh on earnings
Record organic asset growth
Can markets stay buoyant for the rest of 2019?
Global economic cycle is among the longest in history
Liontrust's Milburn: 'Bond prices are absolutely crazy'
Fixed income manager takes a more cautious approach
More news
To hedge or not to hedge? The assets that benefit the most, and the least
Reducing volatility and maximising returns
Fixed income demand boosts BlackRock but lower fees weigh on earnings
Record organic asset growth
Can markets stay buoyant for the rest of 2019?
Global economic cycle is among the longest in history
Liontrust's Milburn: 'Bond prices are absolutely crazy'
Fixed income manager takes a more cautious approach
Nordea launches infrastructure fund with economic cycle 'reaching the end'
Duff & Phelps IM selected for real estate vehicle