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Woodford Investment Management Ltd
The City Watchdog official in the UK has added to the suspension applications of the Woodford Equity Income Fund to remove the management fees it charges investors.
Andrew Bailey of the Financial Conduct Authority said that Mr. Woodford "should consider his position" regarding fees.
This took place after MP Nicky Morgan said that Mr Woodford was taking "a huge amount of money", which would have cost £ 100,000 a day.
Investors were unable to place or withdraw money from the fund more than a week after the suspension.
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