Neil Woodford loyalists pay dearly for stock-picker's style drift

Winding up of flagship fund should also be a big lesson for Hargreaves LansdownEscapees from Neil Woodford’s Equity Income Fund worked out for themselves that the once-feted stock-picker was picking a lot of duds. They fled the fund in droves, triggering the liquidity crisis, followed by the suspension of dealings and the eventual winding-up. It is still shocking, though, to see how little Woodford loyalists will get.The first distribution will be 48p-58p, depending on whether investors he