The UK’s best-known fund manager is blocking investors from withdrawing their money after catastrophic losses

• Neil Woodford, among the UK’s best-known fund managers, suspended withdrawals from his flagship fund.
• He halted dealings in his £3.7 billion ($4.7 billion) Woodford Equity Income fund after 23 months of net withdrawals and a 45% drop in its value over the past year.

Source: The UK’s best-known fund manager is blocking investors from withdrawing their money after catastrophic losses