Link pushes date of investors' first back payment from stricken Woodford Equity Income
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....
More on Investment
Chris Sier fintech ClearGlass Analytics closes £2.6m seed funding round
ClearGlass Analytics has closed a £2.6m funding round as it delivers greater accountability to pension funds and the wider asset management market.
RPMI Railpen establishes in-house trading capabilities
RPMI Railpen has announced plans to internalise its trading desk, which is expected to be operational over the summer.
LCP and LGIM design low carbon transition fund range strategy
Lane Clark & Peacock (LCP) has partnered with Legal and General Investment Management (LGIM) to design a climate-tilted index equity strategy.
The threats and opportunities of booming cyber crime
Rahul Bhushan explores how the rise in cyber risk has also created investing opportunities
Exploring the power of AI to provide more accurate ESG ratings
Adrian Boulding and Dr Daniel Philps look at how artificial intelligence will make it easier for investors to understand the ESG performance of their investee companies.
