LF Woodford Equity Income Fund

Former Neil Woodford fund

The LF Woodford Equity Income fund was the flagship product of Woodford Investment Management. Launched in 2014, it was considered one of his most successful products.

At its peak, the Equity Income fund managed £10.2bn worth of assets, with local authority pension funds among them.

In June 2019, after a run of poor performance and massive outflows, trading in the fund was suspended. In the four weeks leading up to the fund's suspension, investors had withdrawn about £560m from it.

The fund was subsequently removed from recommended buy lists. That October, the fund - along with Woodford Investment Management - closed down for good.

Equities

Woodford Equity Income sell-off tops £800m - reports

Following sale of Eurocell

07 August 2019 •

Funds

Woodford Equity Income 'inadvertently' breaches 10% unquoted stocks limit again

After two of its holdings de-listed

31 July 2019 •

Funds

MSCI: Seven UCITS funds in danger of Woodford-style liquidity crisis

Breaching SEC rules

22 July 2019 •

Funds

Morningstar: Investors exit Woodford Income Focus in June

Fallout from fund suspension continues

18 July 2019 •

Equities

Lindsell Train investors blocked from transferring away from Hargreaves Lansdown - reports

Can't transfer between share classes

15 July 2019 •

Funds

Update: Link allows trapped Woodford investors share class transfers

Customers can switch from Hargreaves Lansdown

11 July 2019 •

People moves

Update: Senior pair exit Woodford IM - reports

Employs 45 across the business

11 July 2019 •

Equities

R.C. Brown eyes 'forced seller' Woodford holdings for buying opportunities

Participates in 'large stake' buyout of Ten Entertainment

11 July 2019 •

Regulation

Woodford gating forces illiquid assets rethink; FCA mulls own PRIIPs guidance

FCA reveals asset management priorities

09 July 2019 •

Funds

Nick Train: Woodford fallout has been damaging to us

Could damage active management industry

08 July 2019 •