Update: Link completes Woodford-Acacia deal as LF Equity Income value reduces after Ombu deal
Total distribution to investors nears £2.5bn
Link Fund Solutions has confirmed the healthcare assets sold from the Woodford Equity Income fund were transferred to Acacia Research Corporation on 3 December, as investors were dealt a further blow by the writedown of the fund’s holding in Ombu Group.
Link said the completion of its sale of a 19-strong portfolio of healthcare companies to Acacia in June for more than £220m as part of the winding of the now LF Equity Income fund had facilitated a fourth...
More on Investment
Partner Insight: Are investor biases to blame for market lows and highs?
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers
Partner Insight: Moral Maze: The ESG issues challenging wealth managers
New EU proposals require advisers to increase their knowledge of sustainable strategies but many see challenges ahead. Why?
Two-thirds of advisers invest client money in ESG - FE fundinfo
Just 1% not investing ethically
Liontrust to debut first ESG investment trust with £150m IPO
Run by Peter Michaelis, Simon Clements and Chris Foster
More news
Brunel Professions launches PI insurance website offering 'seamless transactions'
Completion in 3 minutes
Schroders UK Platform Awards 2021 open for entries
21 September
FCA begins work on open-ended long term asset funds
Retail investors set to be restricted initially
Partner Insight: Are investor biases to blame for market lows and highs?
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers
