It was unclear on Friday whether there was any possibility of the merger discussions between Honeycomb and P2PGI being revived.
As with Honeycomb, Woodford's stake is held in its Equity Income Fund, which has been suspended to redemptions since June amid deepening concerns about the illiquidity of many of its positions and deteriorating investor confidence.
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From superstar to black hole in a metaphorical heartbeat. Woodford once returned alpha with a consistency envied by every other stock-picker in the game. Now he only delivers the smelly stuff and it’s getting worse. Investors had better cover their bets on this one.