FCA looking at "spirit of" rules
Letters Before Action sent to both HL and Link Fund Solutions
Clifford Chance appointed by Link
Industry appetite for new fund slim
Total distribution to investors nears £2.5bn
Leigh Day in “final stages”
Liquidation fees have risen to over £15m
Majority of assets now sold
Link Fund Solutions (LFS) has agreed to sell "a significant portion" of the stricken LF Equity Income fund's holdings to US firm Acacia Research Corporation for up to £223.9m.