The Financial Conduct Authority (FCA) has gathered over 20,000 items of evidence to satisfy more than 30 information requirements in its investigation into the Woodford Equity Income Fund.
The investigation was launched after the Neil Woodford-run fund collapsed in 2019 after too much cash was put into illiquid start ups and the fund struggled to meet redemption requests.
Writing to the Treasury Select Committee, Nikhil Rathi, chief executive of the FCA, said th...