Woodford criticises Link's decision to wind up Equity Income fund

'Best interest' of investors for closure

David Brenchley
clock
Woodford's fund had been scheduled to reopen in December
Image:

Woodford's fund had been scheduled to reopen in December

Neil Woodford said Link Fund Solutions' decision to wind up his Equity Income fund was "one I cannot accept".

Link said it was in investors' best interests that the fund be wound up on Tuesday (15 October) morning, in a letter to investors. It said the process of repositioning the portfolio into more liquid...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Trustpilot