Woodford investors take hit on trust sale

Link reduces stake in Schroder UK Public Private Trust

David Brenchley
Neil Woodford

Neil Woodford

The stricken, former Neil Woodford-managed LF Equity Income fund almost halved its stake in Schroder UK Public Private Trust (SUPP), just a year after buying the then-Woodford Patient Capital Trust, at a huge loss.

A regulatory filing on Monday (18 May) showed Link Fund Solutions, the authorised corporate director (ACD) for LF Equity Income, slashed its stake in SUPP to 4.8% on Thursday (14 May), from 9% previously....

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