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there will be an invasion & # 39;



NEil Woodford's career as a fund manager will not survive the chaos that has engulfed his company. This is an extraordinary consensus among experts in the fund management industry contacted by Telegraph money.

Mr Woodford's reputation has not only been hit by fear since he suspended his flagship Equity Revenue fund last week, but his second largest portfolio, Focusing Income, which has remained open, has suffered a very bad rate of withdrawal during the same period.

The main supporter, the Hargreaves Lansdown fund store, sold large shares in this week's Focus Income.

A fund manager says investors in a deferred Equity Income fund will "invade" to withdraw their money when the trade continues, which …


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