Council was Woodford’s only local-government pension fund investor

Kent County Council, the single biggest investor in Neil Woodford’s flagship fund, has backed the decision to oust the once-celebrated portfolio manager and shut down the multibillion-pound investment vehicle.

, the superannuation fund said the closure of the £2.9bn Equity Income fund was “in the best interests of all the fund’s investors”.

Kent council backs decision to oust Woodford and close fund

Chris Newlands

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Audit watchdog sticks with flexible working amid Canary Wharf office shift

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UK banks uncovered 178 staff WhatsApp breaches, FCA survey finds

Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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Bank of England Cuts Rates After Tight Vote

The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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Microsoft joined Nvidia in the $4 trillion market-cap club, while Meta is closing in on the $2 trillion mark.

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