Woodford Raises $379 Million by Selling Down Company Stakes

Jul 01 2019, 10:16 AMJul 01 2019, 11:45 AMJuly 01 2019, 10:16 AMJuly 01 2019, 11:45 AM

(Bloomberg) -- Embattled U.K. fund manager Neil Woodford raised at least 300 million pounds ($379 million) in June by selling down some stakes in smaller companies held in his frozen flagship fund.