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Star fund manager Woodford faces year wait to appeal UK fine

By Martin Coyle and Sofia Gerace ( October 9, 2025, 16:00 GMT | Insight) -- Former star fund manager Neil Woodford faces a likely wait of more than a year to defend himself against a multi-million pound fine over his collapsed fund, as senior regulators defended their conduct over the scandal Thursday.  Up to 500,000 UK retail and professional investors lost millions of pounds when the Woodford Equity Income Fund, an open-ended collective investment fund, closed in June 2019 after its value plummeted from more than £10 billion two years earlier to around £3.6 billion.Former star fund manager Neil Woodford faces a likely wait of more than a year to defend himself against a multi-million pound fine over his collapsed fund, as senior regulators defended their conduct over the scandal Thursday....

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