How Woodford responded to China equity rout

Manager expected correction for 'more than a year'

Star equity manager Neil Woodford has told investors he had expected the rout in China for over a year, and has been preparing his portfolios for this eventuality.

Commenting on the recent dramatic market sell-off triggered by escalating worries about the slowdown in China, the veteran manager (pictured) said his investment strategy has been focused on expectations...