Woodford fund falls 13% since June gating and remains shuttered

clock • 2 min read

The Woodford Equity Income fund (WEIF) will remain closed for a further 28 days, its authorised corporate director Link Fund Solutions confirmed today. In its fourth update since the fund was suspended on 3 June, Link said "it remains in the best interests of all investors for the suspension of dealings to continue." It added it had communicated the decision, taken in conjunction with the fund's depositary, Northern Trust Global Services SE, to the regulator, the Financial Conduct Aut...

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