Search Results | Showing 1 - 10 of 31 results for %22LF Woodford Equity Income Fund%22 |
| | The Financial Conduct 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 ... |
| | | ... On February 12, Link Fund Solutions' creditors scheme, which affects investors in the defunct Woodford Equity Income Fund, was approved by the UK courts. Provided that no appeals are brought against the sanction of the scheme, it is expected to become ... |
| | | ... Fund Solutions finalised the compensation amount of $438 million it will pay investors in the failed Woodford Equity Income Fund. |
| | | Close to 100% of investors trapped in the failed LF 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 ... |
| | | ... UK's Financial Conduct Authority (FCA) about its role as an authorised corporate director to the LF Woodford Equity Income Fund. In August, Link said it expected to provide for about $390.9 million in settlement and redress costs in the second half ... |
| | | ... put a hole of $390.9 million in its profitability, provisioning this amount as the fallout from the Woodford Equity Income Fund settlement and associated redress continues. Link's loss would have worsened if it had not sold its 10% interest in PEXA ... |
| | | ... 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 to contribute about $116 million to burned investors. The fund ... |
| | | ... procedures when it came to urgent escalation events, particularly in volatile environments. The collapsed Woodford Equity Income Fund is a case study of poor liquidity management. The fund's administrator Link Group recently settled with the FCA to compensate ... |
| | | ... discussions" with the UK's financial markets regulator to settle its investigation against the failed Woodford Equity Income Fund. The case has dragged on since 2019, when fundie Mark Woodford went on YouTube to apologise to investors, whose money ... |
| | | ... Link breached the FCA Handbook rules and failed to properly carry out the management function of the Woodford Equity Income Fund," Leigh Day's action states. Acknowledging the action via an ASX statement, Link Group said: "LFS will vigorously defend ... |
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