Image:
Woodford's fund closed shop last year
The date investors trapped in the Woodford Equity Income fund will receive their first capital distribution once the fund’s winding up process has begun has been pushed back to 30 January, Link Fund Solutions said.
In a letter to unitholders, Link said the winding up process was still on track to begin on 18 January, with the final valuation of the fund's assets before the process continues happening on 17 January....
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
