Woodford fired from flagship fund — which won't reopen after all
The debacle around Neil Woodford’s suspended flagship fund is coming to an abrupt end.
Link Fund Solutions, the authorized corporate director of the Woodford Equity Income Fund, is sacking the disgraced stockpicker from his namesake fund and winding it down. Beginning in January, the firm’s designated brokers will gradually sell off all assets in the portfolio to pay back the trapped investors — with the first installment due by the end of that month.
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