Alleges Link "mismanaged" WEIF
Regulator only stepped in nearly two years later
£49.6bn of investments lies in poor performing funds
New fund "of concern" to investors
Trading name WCM Partners reserved
WEIF investigation ongoing
Industry appetite for new fund slim
Majority of assets now sold
Relationship is 'preliminary due diligence'
Working on portfolio of unquoted healthcare investments
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.
Legal claims for compensation are being considered against the Woodford Equity Income fund's (WEIF) authorised corporate director (ACD) Link Fund Solutions, which is accused of early-stage failures in the fund's collapse, a failure to act in the best...
16 months after its launch
Additional £141.7m sold
Concerns on liquidity and performance
LF ASI Income Focus due to reopen on Thursday
Liontrust Income falls 19 places into grey list
Advisers want a more responsive regulator
Group dismisses claims it failed in its role over Woodford fund
Elevated redemptions expected
Three company valuations reduced