Timetable set for Woodford fund repayments

Timetable set for Woodford fund repayments
 

Stricken investors in Neil Woodford's former flagship fund will receive their first payments on 20 January as the fund is wound up by its administrators.
Individuals and institutional investors will be told by letter on 13 January how much they should expect to receive in this initial payout.
Withdrawals from what was called the Woodford Equity Income Fund have been frozen since early June.
The fund has been renamed and Mr Woodford removed as investment manager.
Since the fund was suspended, the value of the fund has fallen by 18.6%, its official monitor - an authorised corporate director... read more

 
13 December 2019 in Business, Views: 49
Source: BBC
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