Woodford Equity Income to be wound up

Best interest of investors

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Neil Woodford's fund has been gated since June.
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Neil Woodford's fund has been gated since June.

The Woodford Equity Income fund is to be wound up, Link Fund Solutions announced on Tuesday (15 October) morning in a letter to investors.

The fund, which has been shuttered since 3 June due to a liquidity crisis, was slated to reopen in December after manager Neil Woodford had repositioned his portfolio into more liquid FTSE 100 stocks....

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