Woodford investors remain in limbo until 2022 at earliest

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 "make progress regarding the sale of the remaining assets" and "it is hoped that the sale of the remaining assets will be concluded in 2022".  However it is "not possible to provide a definitive end date". This date has shifted from "late 2021", which the firm told investors may be the end of the process in its 31 March 2021 update. To date, investors have had £2.54bn of capi...