Listed funds investing in hard-to-trade debt could be the next victims of Woodford-style collapses, investment bank Jefferies has warned — underlining how the star fund manager’s travails are focusing attention on fault lines in the markets.

The suspension of trading in Woodford’s £3.7bn Equity Income fund on June 3 sent shock waves through the UK fund management industry, but it is not the only Woodford vehicle facing problems.