'Once your reputation is damaged like that there is no way back': Platforms react to Fidelity blocking Income Focus purchases
'Highly unusual'
Fidelity has blocked purchases of the Woodford Income Focus fund
Platform providers have dubbed Fidelity International's decision to block investors from buying into the Woodford Income Focus fund as "highly unusual" and "unprecedented", despite claiming that star fund manager Neil Woodford "is finished".
Fidelity said today (18 June) personal investors will no longer be able to buy new units in Woodford Income Focus, but will still be able to withdraw money. Earlier this month the Woodford Equity Income...
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