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Showing 11 - 20 of 31 results for %22Woodford Equity Income Fund%22

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
... draft warning to Link Fund Solutions about its role as an authorised corporate director to the LF Woodford Equity Income Fund. While the FCA approved Dye & Durham's takeover of Link, this acquisition was subject to a requirement that the funds were made ...

UK regulator flags big redress bill likely for Link

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... hindered by potential redress payments of more than $500 million over Link's involvement with the LF Woodford Equity Income Fund. The FCA said it would only approve the takeover if Link made available funds to cover any redress payments Link Fund Solutions ...

Carlyle Group bids for Link

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... firm Leigh Day kicked off proceedings against Link Fund Solutions on September 27 on behalf of 100 Woodford Equity Income Fund investors. Link Fund Solutions acted as the fund's authorised corporate director, overseeing it on behalf of investors. ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... vowed that it will "vigorously defend" its subsidiary against a class action involving the failed Woodford Equity Income Fund. UK law firm Leigh Day kicked off proceedings against Link Fund Solutions on September 27 on behalf of 100 WEIF investors. Link ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... has been hit with another lawsuit for allegedly failing to protect more investors from the troubled Woodford Equity Income Fund (WEIF). UK law firm Leigh Day is representing more than 4000 clients who invested in the WEIF, which is now known as the LF ...

Link flags PEXA listing

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... continues to work closely with the UK's financial regulator to investigate the debacle surrounding the Woodford Equity Income Fund, which is now called the LF Equity Income Fund. Link said it continues to act in the best interests of investors as ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... applications Woodford has made to be able to operate. The watchdog is still investigating the downfall of the Woodford Equity Income Fund. "The investigation is being appropriately resourced and is progressing, though there has been some impact on accessing ...

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
... Link Fund Solutions and Link Market Services. Link Fund Solutions (UK) is the fund administrator of Woodford Equity Income Fund, which has shut down and is in the process of returning investors' money. The board said it will consider the proposal ...

Class action over YouTube fundie fallout

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... Lansdown is facing a potential class action over its alleged promotion of Neil Woodford's funds. The Woodford Equity Income Fund was spectacularly wound up after its namesake star fundie Neil Woodford offered an emotional YouTube apology for the ...

Platform cancels top 50 funds list

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... clearly stated it does not take payment or commissions for funds to appear on the list. The now defunct Woodford Equity Income Fund was once a part of the list, and was only dropped from the list once the fund was frozen. Portfolio Adviser reported that ...