Investment funds: where should you go after Woodford?

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More than £3bn will be returned to small investors – experts suggest where to put the money instead

Hundreds of thousands of people will be receiving cheques from administrators winding up Woodford Investment Management over the next few months. The question for many, after the failure of the industry’s one-time star manager, is who can they trust now.

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Most Guardian readers have money to spare to put in investment funds then? In my day the Guardian was mainly read by teachers and other public servants who didn't have much money.

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