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

The Year of the Fire Horse – will China gallop ahead?

The Year of the Fire Horse – will China gallop ahead?

'Beneath the volatility, structural trends emerge'

Janet Mui
clock 26 February 2026 • 3 min read
Watch Professional Adviser's Working Lunch with Baillie Gifford - Simply balanced: supporting client goals through growth and diversification

Watch Professional Adviser's Working Lunch with Baillie Gifford - Simply balanced: supporting client goals through growth and diversification

Catch up on the discussion

Professional Adviser
clock 26 February 2026 • 1 min read
Should advisers now be actively considering private markets?

Should advisers now be actively considering private markets?

Rethinking accessibility and diversification

Grant Callaghan
clock 26 February 2026 • 4 min read