Another UK Mutual Fund Leaves Investors Twisting in the Wind by Nick Corbishley • Dec 4, 2019 • 30 Comments Another “run on the fund.” More investors can’t get their money out but contemplate big losses.
Screwed Investors Still Stuck in Woodford’s Imploded Mutual Fund Get a Glimpse of Their Losses by Nick Corbishley • Nov 14, 2019 • 54 Comments After a “run on the fund,” triggered when people figured out it was loaded up with crappy illiquid assets.
Redemptions Rip Through UK Equity Funds as Fallout from Woodford Collapse Grows by Nick Corbishley • Oct 28, 2019 • 23 Comments In funds with a liquidity mismatch, the First-Mover Advantage is huge, as Woodford’s investors found out.
Woodford’s Shuttered Fund Crushed Further by Plunging Stocks in its Holdings, such as Muddy-Waters Target Burford Capital by Nick Corbishley • Aug 26, 2019 • 39 Comments Hedge funds have field day front-running the liquidation. 300,000 investors left twisting in the wind.
Liquidity Crunch Mangles UK Equity & Real Estate Funds by Nick Corbishley • Aug 24, 2019 • 43 Comments Exodus from funds with illiquid assets forces funds to block redemptions.
Another UK Fund Just Slammed its Doors Shut on Investors by Nick Corbishley • Jul 19, 2019 • 48 Comments This time, a fund liquidity crisis traps institutional investors, including pension funds.
Liquidity Crisis at Woodford Equity Fund Is Symptomatic of Systemic Problem, Bank of England Warns by Nick Corbishley • Jul 12, 2019 • 29 Comments $30 trillion of assets globally are held by similar open-ended funds.
Liquidity Fears Hit Other UK “Equity Funds” as Investors Remain Trapped in Woodford Fund by Nick Corbishley • Jul 8, 2019 • 31 Comments Shares of one fund plunged 22% on Friday. Other funds under pressure, raising serious questions about just how liquid “equity funds” in the UK are.
Another UK Outsourcing Giant Teeters, Collapsed Shares Add to Woes of Woodford Fund that Just Froze Withdrawals by Don Quijones • Jun 5, 2019 • 35 Comments Kier shares are one of the biggest holdings of Woodford Equity Income fund.