Bank of England to review fund redemptions in wake of Woodford
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LONDON (Reuters) - The Bank of England said on Thursday it would look at whether rules are needed to help investment funds to cope with multiple requests from customers to get their money back.The review follows the suspension of withdrawals from the flagship fund of British money manager Neil Woodford, prompting anger among investors and an investigation by the financial watchdog.The Bank's Financial Policy Committee (FPC) said the Bank and the Financial Conduct Authority (FCA) would review how..