Rare Fund Freeze Attracts Scrutiny of U.K. Regulators

The video discusses recent developments affecting Woodford Investment Management, focusing on the withdrawal of support by Saint James's Place and its reputational impact. It highlights the potential risks for the fund, including a possible 'death spiral' and the effect on stocks like Purplebricks and Kia Group. The discussion emphasizes the importance of maintaining support to avoid further negative consequences.

What is the significance of reputational risk in the context of the funds discussed?

What could happen if the fund has to wind down, according to the text?