Investors trapped in the suspended LF Equity Income fund, formerly run by Neil Woodford, suffered a further writedown to the fund’s unquoted portfolio on Friday.
The fund's size fell around 5%, or £156m, from close of play on 16 January to close of play on 20 January, data from FE fundinfo shows. A spokesperson for Link said the writedown was due to an adjustment...
Fewer than two thirds have an ESG engagement policy
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
Replaces Ian Owen
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Because it's worth it
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