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FCA chief raises concerns over 'compromised' Woodford strategy

FCA chief raises concerns over 'compromised' Woodford strategy

Financial Conduct Authority (FCA) chief executive Andrew Bailey has questioned whether fee discounts negotiated by platform Hargreaves Lansdown (HL) fuelled excessive inflows into the LF Woodford Equity Income Fund (GB00BLRZQB71), which may have compromised Neil Woodford’s investment strategy for the fund.

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