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Woodford exits bets on Smith & Nephew, Gagfah; adds P2P Global in Jan

LONDON, Feb 9 (Reuters) - Woodford Investment Management sold out of British artificial hip and knee maker Smith & Nephew (LSE: SN.L - news) and German real estate firm Gagfah SA in January, according to the firm's factsheet released on Monday.

The firm, run by UK high-profile fund manager Neil Woodford, built a near-40 million pound ($60.9 million) new bet in P2P Global Investments and also added small stakes in unlisted firms Crystal Amber and Novabiotics during the month.

The fund had invested 1.6 percent in Gagfah (Frankfurt: GFJ1.F - news) and 1.2 percent in Smith & Nephew of its 4.3 billion pounds in assets as of end-December, according to a factsheet released in January.

($1 = 0.6570 pounds) (Reporting by Nishant Kumar; editing by Carolyn Cohn)