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Top Reads this Week (16 June)
By Financial Horse  •  June 16, 2019

Rounding up top reads from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group.

Embattled stock-picker Neil Woodford is struggling to stem outflows from his remaining open fund, with Hargreaves Lansdown dealing a major blow by pulling £45m this week. Woodford’s Income Focus Fund has shrunk by 25% since June 3, when the fund manager made the shock decision to suspend trading in his flagship Equity Income Fund. The move trapped thousands of customers’ investments for at least 28 days and sparked an exodus from his last openly traded fund.

Trade War Spurs 1,360% Investment Jump in Malaysian State (Bloomberg)

The Malaysian state of Penang is winning from global investors’ search for safe havens amid the U.S.-China trade tensions. The state, already home to companies from Intel Corp. to Dell Technologies Inc., makes up 42% of Malaysia’s manufacturing FDI. Recent investments in Penang include U.S. semiconductor company Micron Technology Inc.‘s new

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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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