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Revealed: How Hargreaves and Aberdeen Standard tried to save Woodford fund

Hargreaves Lansdown hatched a plan with Aberdeen Standard Investments to prevent Woodford's ailing Equity Income fund from being wound up

Neil Woodford was sacked from running his Equity Income Fund in 2019.
Neil Woodford was sacked from running his Equity Income Fund in 2019. Photo: Michael Troika/Alamy

Thirteen months ago, Neil Woodford was dramatically sacked from overseeing his former flagship fund — a move which culminated in the curtain falling on the career of Britain's most renowned stock picker.

However, it has now emerged that Hargreaves Lansdown, the FTSE-listed investment platform which championed Woodford after he launched his own venture in 2014, hatched a plan with Aberdeen Standard Investments to prevent his ailing Equity Income fund from being wound up and assets being sold at firesale prices.

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