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Cryptocurrency

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    Top stockpicker Neil Woodford apologises for suspending fund - BBC News

    One of the UK's top stockpickers has said he is "extremely sorry" after suspending trading in his largest fund.

    Neil Woodford stopped money going in or out of his Woodford Equity Income Fund on Tuesday after increasing numbers of investors asked for their money back.

    The move was "necessary to protect investors' interests", he said.

    A stockpicker - or fund manager - analyses the potential of different stocks to try to decide whether or not they will make a good investment.

    Investors had withdrawn about £560m from the fund over the past four weeks.
    "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

    Comment


      So his fund can no longer pay out all the deposit entrusted to him? This is a crypto fund right?
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        Originally posted by scooterscot View Post
        So his fund can no longer pay out all the deposit entrusted to him? This is a crypto fund right?
        No it's stock market fund that's tanking and if you're invested in it you can't get your money out.
        "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

        Comment


          But ATW says cash is safer. ATW wouldn't lie. Would she?
          "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

          Comment


            Originally posted by scooterscot View Post
            But ATW says cash is safer. ATW wouldn't lie. Would she?
            Wasn't that stocks and shares, rather than cash?

            Comment


              Originally posted by scooterscot View Post
              But ATW says cash is safer. ATW wouldn't lie. Would she?
              Wait what..??? AtW is female? That is surprising...based on comments and overall demeanor, I always though it was a bloke.
              Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

              Comment


                Originally posted by VirtualMonkey View Post
                Wait what..??? AtW is female? That is surprising...based on comments and overall demeanor, I always though it was a bloke.
                They are whatever a squirrel wants them to be.

                Comment


                  Originally posted by Old Greg View Post
                  They are whatever a squirrel wants them to be.
                  'Squirrel fluid' I believe is the eggshell compliant term. Although I'm sure it will still offend someone.
                  "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

                  Comment


                    Originally posted by Jog On View Post
                    'Squirrel fluid' I believe is the eggshell compliant term. Although I'm sure it will still offend someone.
                    It's apparently a very stubborn sofa stain.

                    Comment


                      Originally posted by VirtualMonkey View Post
                      Wait what..??? AtW is female? That is surprising...based on comments and overall demeanor, I always though it was a bloke.
                      I thought so too, then I read he drove a Mercedes SLK230 Kompressor....
                      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                      Comment

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