October 15, 2019 / 7:50 AM / a month ago

Neil Woodford says 'cannot accept' closure of his flagship fund

LONDON (Reuters) - Fund manager Neil Woodford has criticized a fund administrator decision to close his suspended flagship fund on Tuesday, after a four-month lockdown that has seen values plunge by hundreds of millions of pounds.

“This was Link’s decision and one I cannot accept, nor believe is in the long-term interests of LF Woodford Equity Income Fund investors.”

Reporting By Sinead Cruise, editing by Iain Withers

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