The Woodford Equity Income fund (WEIF) could remain shuttered for a further six months, according to head of personal investing at Willis Owen Adrian Lowcock.
Manager Neil Woodford (pictured) is battling to offload assets to meet redemptions once the fund reopens, currently slated for December, with the fire sale of more liquid assets reaching £1bn so far. ...
Six hours for a client report
700,000 transfers in 12 months
104 delegates attended
'Benefit from healthy cash levels'
Could be two months to complete payment