How is Woodford offloading assets?

Set to work on reducing less liquid stocks

David Brenchley
clock • 3 min read

Woodford Investment Management has sold or transferred over £600m in stock as the beleaguered fund manager scrambles to build cash base to meet redemptions once his currently gated Woodford Equity Income fund is re-opened.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Trustpilot