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Showing 1 - 10 of 38 results for "Link Fund Solutions"

FCA fines Neil Woodford, WIM $94m

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
... Woodford Equity Income Fund (WEIF) faced a liquidity crunch in 2019 after investing in mostly illiquid assets. Link Fund Solutions, which is now under MUFG, was the fund manager of the WEIF. The value of the WEIF fell from a high of £10.1 billion ($20.7m) ...

Apex names country head and COO

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... break after over three years at the helm. Before serving as head of Mainstream, he spent a solid 16 years with Link Fund Solutions. For his part, Stevens joins from HUB24 where he spent the last two years as acting chief growth officer. A former general ...

FCA issues notices to Link Fund Solutions, Woodford

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... Authority's (FCA) investigation into the Woodford Equity Income Fund (WEIF) finds that the failures of Link Fund Solutions (LFS) and "star stock picker" Neil Woodford ultimately led to the fund's demise, leading to the regulator issuing notices. ...

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
Link Group is on track to become part of Mitsubishi UFJ Financial Group (The Trust Bank) by mid-2024, having kicked off work to integrate the businesses. In a trading update this morning, Link said it has filed all major regulatory approval submissions ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... independent expert's assessment if the deal is in the best interests of Link shareholders. Last week, Link Fund Solutions finalised the compensation amount of $438 million it will pay investors in the failed Woodford Equity Income Fund.

Woodford investors approve Link redress scheme

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... Woodford Equity Income Fund have approved the compensation scheme under which up to $438 million will be paid by Link Fund Solutions. About 93.7% of investors - representing 96.1% of the value - voted in favour of the scheme proposed by UK regulator ...

Link Fund Solutions sale completes

CHLOE WALKER  |  TUESDAY, 10 OCT 2023
... platform - with further international expertise and capability - to service our current and future clients." Link Fund Solutions chief executive Karl Midl added: "This is an exciting moment for the team and our clients. Together, we will be able to provide ...

Link Group to cop $418m loss

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... conditional agreement with the UK regulator, the Financial Conduct Authority, to settle its investigation into Link Fund Solutions following the failure of the LF Woodford Equity Income Fund, which Link Fund Solutions oversaw. Link Group is expected ...

Link Group sells Funds Solutions, settles with FCA

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
... entities and Woodford-related liabilities. The final amount will depend on the value of combined revenue in Link Fund Solutions. It is still trying to sell the Luxembourg and Swiss entities. The FCA has signalled it will support the sale, Link said ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... was trapped in the fund as it faced liquidity issues. Link announced to the ASX today that its UK business Link Fund Solutions Limited (LFS), the trustee of the fund, is due to settle the Financial Conduct Authority's investigation. By the same token ...
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