Hargreaves Lansdown urges Woodford to find other ways to release capital

Hargreaves Lansdown urges Woodford to find other ways to release capital
FILE PHOTO: Neil Woodford, founder and fund manager at Woodford Investment Management, is seen in this undated handout picture released on June 10, 2019. Jonathan Atkins/Handout via REUTERS -
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LONDON (Reuters) – Hargreaves Lansdown said on Thursday it has “urged Woodford to consider alternative ways to release capital” so investors can get their money back as soon as possible.

The fund supermarket declined to specify what alternative routes were open to the fund.

Hargreaves said this week that nearly 300,000 of its customers were exposed to the suspended Woodford Equity Income Fund.

(Reporting by Carolyn Cohn; editing by Simon Jessop)

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