Woodford Equity Income 'inadvertently' breaches 10% unquoted stocks limit again
After two of its holdings de-listed
The Woodford Equity Income fund (WEIF) has breached UCITS rules limiting the amount of unquoted stocks a fund can hold to 10% once more after two of its investee companies de-listed from their stockmarkets.
Artificial intelligence platform Benevolent AI and cold fusion firm Industrial Heat de-listed from the Guernsey-based International Stock Exchange, Woodford Investment Management told clients in a note...
More on Companies
FSCS declares IFA firm Blackstar Wealth Management in default
146 FSCS claims
SJP claims charges are 'mid-range' compared to competitors
In quarterly newsletter
Former Fidelity multi-asset CIO unveils new investment firm
To offer equity and multi asset funds
Talking with ... HSBC Global AM's Andy Clark
Square Mile's series of informal interviews
More news
Advice app OpenMoney updates money management features
To help meet savings goals
Libby Holding: Can estate planning help tackle care fees?
Residential care fees are a hot topic at the moment, says Libby Holding, with increasing media coverage of people who have had all of their life savings and assets swallowed up by care fees in their later years...
Woodford Equity Income suffers £150m writedown
Adjustment to value of unquoted assets
Rory Percival 'surprised' over latest FCA consumer harm warning
Regulator outlines adviser expectations for 2020
FCA says lack of proper PI cover places 'unfair' burden on FSCS and firms
Dear CEO letter sent today
