In a statement to investors, fund manager Neil Woodford apologised for the suspension of the Woodford Equity Income fund to redemptions, saying the move was made in the interest of investors and would provide him with the "time and space" to execute his strategy.
In a video on his website, the star investor told clients: "I'm extremely sorry we have had to take this decision. We understand our investors' frustration, and all I can say in response is that this decision...
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