Trapped Woodford investors to receive payment this week

Pedro Gonçalves
clock • 2 min read

Over 300,000 investors trapped in Neil Woodford's flagship £3.7bn equity fund will share a £143m payment this week. In a letter to investors, published on Friday, the fund's administrators Link Fund Solutions said it had raised £143.2m in its second sell-off of the portfolio's assets and that investors would be paid on or around March 25. About £575m will still be trapped in the vehicle, whose suspension last June prompted Europe's biggest investment scandal for a decade. The fund wa...

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