Neil Woodford has been removed as investment manager of the Equity Income Fund, which will be wound down by administrator Link Fund Solutions.
Woodford Equity Income Fund, the £3.5bn ($4.4bn) suspended flagship vehicle of Woodford Investment Management, will be wound down in January 2020, its administrator Link Fund Solutions (LFS) said today.
Neil Woodford, the firm’s founder, has been removed as investment manager of the fund with immediate effect and his name will be removed from the fund.
LFS is required to give investors three months’ notice before beginning the process of winding up the fund, which was suspended on June…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
