By Nigel Somerville | Saturday 25 May 2019
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
There are a few headlines around showing that Neil Woodford’s Equity Income Fund has once again been suffering redemptions. Figures of £450 million are quoted, but the scale of Woodford’s ongoing disaster is far worse: since 1st March EIF has dropped about £1 billion.
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