Woodford Investors Still Waiting to Get Money Back

A year on from the suspension of the Woodford Equity Income fund, investors are still trapped and waiting to get their money back 

Holly Black 3 June, 2020 | 9:41AM

woodford

One year on from the suspension of the Woodford Equity Income fund and thousands of investors are still waiting to find out how much of their money they might get back.

The fund, which once had more than £10 billion of assets under management, is in the process of being wound up by its administrators Link Fund Solutions. Latest valuation figures suggests there is still around £558 million tied up in the fund, but some commentators say this last tranche of investments is “likely to be almost worthless”.

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About Author

Holly Black  is Senior Editor, Morningstar.co.uk

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