Hedge fund boss Woodford sells down Hostelworld stake

Hedge fund boss Woodford sells down Hostelworld stake
The interior of Hostelworld’s new headquarters at Central Park.

London hedge fund boss Neil Woodford has continued to aggressively sell down his stake in Irish travel company Hostelworld.

Last week, Woodford’s firm sold around €3.3 million worth of shares in the company, bringing his stake down from 10.94 per cent to 9.45 per cent.

Woodford Investment Management started the year with a more than 25 per cent stake in the company but it has sold down that stake massively over the course of 2018, reducing it...

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