Woodford Equity Income Fund Continues Suspension

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Investor dealing in the LF Woodford Equity Income Fund has continued its suspension.

Last month, leading UK fund manager Neil Woodford issued an update following the decision to suspend all investor dealing in the LF Woodford Equity Income Fund. Last week, Woodford released another update outlining administrators Link Fund Solutions’ decision to keep the fund suspended. In a statement, Woodford said:

“We are committed to keeping you and your clients as fully informed as possible during the period of suspension - and we will keep you updated on the progress Neil and the team are making on repositioning the fund for reopening. This is the first of a series of bulletins that we intend to share, to keep you and your clients informed. In the meantime, please keep sending us your questions”.