The Editor 

A breakfast of dogs

John Hughman

A breakfast of dogs

The ‘gating’ of Neil Woodford’s flagship LF Woodford Equity Income Fund this week may not be a black swan of Credit Crunch proportions, but it has certainly sent shockwaves through the retail investment landscape. It is very unusual for equity funds to be forced to shut their doors to trading, even more so given that broader stock markets are hardly at a crisis point – and considering Mr Woodford’s reputation as one of the shining stars of UK fund management.

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