Link Fund Solutions has confirmed the suspension of the Woodford Income Focus fund will continue, while setting out options to "best serve investors".
The Woodford Income Focus fund was suspended on 15 October to "protect investors from an increased level of redemptions" in the fallout from the Woodford saga, which has seen Woodford Investment Management shut shop, and according to a letter to investors published today (13 November), the fund will remain suspended. Link have announced they are working with a "leading independent research firm" to establish a shortlist of investment managers they believe are "suitable replacements" for Woodford. Without disclosing those shortlisted, Link have also said they have held "initial meeting...
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