In­vestors trapped for an­oth­er 28 days as sus­pen­sion of Wood­ford flag­ship fund drags on

So when will Neil Wood­ford’s main fund be re­opened? Not in the com­ing 28 days, in­vestors learned af­ter the mar­kets closed in the UK Mon­day.

Link Fund So­lu­tions, the of­fi­cial hold­er of the Wood­ford Eq­ui­ty In­come Fund, has de­cid­ed to con­tin­ue block­ing re­demp­tions, sales or oth­er trans­ac­tions of the fund. It’s hard­ly a sur­pris­ing out­come, but one that is like­ly to fur­ther frus­trate in­vestors, many of whom said they were blind­sided by the ban.

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