In­vestors could emerge from Neil Wood­ford de­ba­cle with £1B loss, in­ter­nal analy­sis re­veals

When Link Fund So­lu­tions an­nounced that it is clos­ing Wood­ford Eq­ui­ty In­come Fund per­ma­nent­ly and kick­ing out Neil Wood­ford, it was im­plied that in­vestors prob­a­bly won’t get back every­thing they en­trust­ed to the fund man­ag­er. But no­body knew just how much they would lose.

An in­ter­nal analy­sis com­mis­sioned by Link sug­gest­ed that the col­lec­tive loss could amount to £1 bil­lion — out of a fund last val­ued at £3.1 bil­lion — City­wire has re­vealed.

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