Asset Management

Woodford puts staff at risk of redundancy as flagship fund stays shut

News comes just days after it was confirmed that the Woodford Equity Income fund will remain closed for up to another month

Staff at Neil Woodford’s struggling investment business have been told their jobs are under threat as the one-time star of UK asset management battles to reopen trading in his flagship fund.

News of the possible redundancies comes just days after it was confirmed that the Woodford Equity Income fund, suspended since June 3, would remain closed for up to another month.

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