yenWoodford's career as a fund manager will not survive the confusion that has sunk his company. This is an overwhelming consensus among experts in the fund management industry contacted by: Telegraphic transfer.
Mr. Woodford's reputation not only had a terrible wound after he stopped his flagship stock last week, but his second largest portfolio, Income Focus, suffered a massive withdrawal during the same period.
Fundshop Hargreaves Lansdown sold a large stake in earnings this week.
A fund manager said investors in suspended equity funds would withdraw money to withdraw funds when the transaction resumes.