Link pushes date of investors' first back payment from stricken Woodford Equity Income

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Woodford's fund closed shop last year
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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 Ja...

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