Investors languishing in the gated, and now renamed, Woodford Equity Income fund could be forced to wait a further 12 months to get their money back, following the latest update from the fund’s administrator Link Fund Solutions.
Link Fund Solutions has written to investors to confirm the amount and date of the third capital distribution to investors in the former Woodford Equity Income fund.
Juno Capital has distanced itself from former fund manager Neil Woodford, following reports he had taken an advisory role with the firm last week.