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...
Subject to regulatory approval
Latest news and analysis
Partner Insight: However you look at it, digital disruption is here to stay. Many US companies like Google, Apple, Amazon and Tesla are leading the way in technological innovation.
Subject to shareholder approval