Link adds to unlisted investment in former Woodford fund

No clarification on timeline

James Baxter-Derrington
clock • 2 min read

Link Fund Solutions has increased its investment in an unlisted US company while it conducts the winding up of LF Equity Income.

In a letter to investors trapped in the former Neil Woodford managed fund, the authorised corporate director announced it had joined with other shareholders to "make a further investment" in Mafic, a basalt fibre and thermoplastic resin producer founded in 2015. "After carefully considering all relevant information, we considered this action to be in investors' best interests; specifically, this short-term investment protected the value of the asset and maximised likely future proceeds of sale," the letter explained. Woodford investors 'must be prepared to go all the way to trial' ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Beyond the 60/40: Why the traditional portfolio blueprint is being tested again

Beyond the 60/40: Why the traditional portfolio blueprint is being tested again

'Bonds should not be doing all the defensive work'

Will Dickson
clock 09 July 2026 • 4 min read
SEI to launch two LTAFs in private markets 'expansion'

SEI to launch two LTAFs in private markets 'expansion'

‘Mansion House ambition’

Cristian Angeloni
clock 03 July 2026 • 1 min read
Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read