Update: Woodford Income Focus yield target to change

To be managed by Charles Luke and Thomas Moore

David Brenchley
clock
Aberdeen Standard Investments has agreed to take over Woodford's remaining fund
Image:

Aberdeen Standard Investments has agreed to take over Woodford's remaining fund

The yield target on the LF Woodford Income Focus fund will be tweaked once under the stewardship of new investment manager Aberdeen Standard Investments (ASI), Link Fund Solutions has confirmed.

In a short letter to investors currently trapped in the fund, Link confirmed ASI took over the portfolio on 31 December 2019, with the name of the fund set to change to LF ASI Income Focus on 23 January...

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

Trustpilot