Woodford investors remain in limbo until 2022 at earliest

Nine assets still unsold

James Baxter-Derrington
clock • 1 min read
Investors in the former Woodford Equity Income fund have no definitive timeline for the return of their capital
Image:

Investors in the former Woodford Equity Income fund have no definitive timeline for the return of their capital

Investors in the former LF Woodford Equity Income fund are stuck without their remaining capital until at least 2022, according to the latest investor update from Link Fund Solutions.

There is no definitive time period either for the fifth capital distribution or the completion of the fund's wind-up, which still consists of nine holdings. In the update, investors were told Link continues...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment

Staff at the regulator have raised several concerns, including pay cuts and a rushed consultation process

FCA staff to vote on strike action following regulator refusal to negotiate

CEO Rathi dismissed concerns as ‘noise’

James Baxter-Derrington
clock 24 January 2022 • 2 min read
Capital markets ‘crucial’ to net zero goals

Green bond guidelines most widely adopted sustainable finance tool in 'myriad' of ESG rules

Institutional Shareholder Services research

clock 24 January 2022 • 6 min read
Value or growth? 'Too much debt' likely to cause transitory environment

Value or growth? 'Too much debt' likely to cause transitory environment

Equity investors could experience a "multi-year rally" in value stocks, according to some industry commentators, who believe the recent market rotation out of growth could be here to stay. Others have warned not to write off quality growth assets, however,...

Lauren Mason
clock 24 January 2022 • 9 min read