Neil Woodford, manager of the £9.2bn CF Woodford Equity Income fund, has said the stockmarket has become very "narrowly-led" and "hysterical", as he described a "very painful" period for his fund's performance.
The veteran fund manager (pictured) apologised for the Equity Income fund's recent performance, which has fallen 7% in the last three months to 6 September, versus a 0.61% fall for the IA UK Equity Income...
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