Kent LGPS fund says Woodford closure is 'in best interests' of investors

James Phillips
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Woodford stepped down as manager of his patient capital trust last night
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Woodford stepped down as manager of his patient capital trust last night

The Kent Pension Fund has reassured members that the closure of Woodford Investment Management will not affect its ability to pay benefits.

The £6.4bn local authority fund said a "managed run-down" of the beleaguered investment manager would be best for all investors. It was announced yesterday (16 October) that Link Fund Solutions ...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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