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United States

Carolyn Cohn

Nearly 300,000 Hargreaves Lansdown clients exposed to Woodford fund

9:56am EDT

LONDON British investment platform Hargreaves Lansdown said nearly a quarter of its clients are exposed to Neil Woodford's suspended fund, piling further pressure on the company for heavily backing the fund since it was launched.

Britain's markets regulator investigates Woodford fund suspension

Jun 18 2019

LONDON Britain's markets watchdog said it had opened a formal investigation into the suspension of Neil Woodford's flagship equity income fund earlier this month and first had concerns more than a year ago.

Woodford under fresh fire as Fidelity curbs investment in second fund

Jun 18 2019

British money manager Neil Woodford faced further pressure on Tuesday after retail platform Fidelity International stopped its customers from making new investments in one of his smaller funds.

After Woodford fund suspension, focus turns to its stewards

Jun 17 2019

LONDON The suspension of Neil Woodford's flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly.

Suspended Woodford fund has sold around £100 million of assets

Jun 14 2019

LONDON Neil Woodford has sold 97 million pounds of shares over the past 10 days to boost liquidity in his suspended equity income fund, a Woodford spokesman said on Thursday.

Suspended Woodford fund has sold around 100 mln pounds of assets

Jun 13 2019

LONDON, June 13 Neil Woodford has sold 97 million pounds ($123 million) of shares over the past 10 days to boost liquidity in his suspended equity income fund, a Woodford spokesman said on Thursday.

Woodford rejects calls to waive fees for suspended fund

Jun 11 2019

LONDON Neil Woodford's asset management firm said on Tuesday it won't waive fees for investors in its suspended flagship fund, rejecting calls from its regulator and lawmakers.

Woodford draws fire from politicians, investors over fund suspension

Jun 10 2019

LONDON British politicians and regulators piled pressure on Neil Woodford following the suspension of his flagship fund a week ago, while investors pulled money from his other products and a major backer distanced itself from the frozen fund.

Swiss Re plans $4.5 billion IPO for UK unit to help expansion

Jun 07 2019

ZURICH/LONDON Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory regime and give it easier access to capital to fund its expansion.

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