Woodford investors to receive additional £183m

Investors in the former Woodford Equity Income Fund will receive an additional £183m, meaning a total of almost £2.5bn will have been distributed to investors since the fund began winding up.

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First payments from failed Woodford funds due

Fund administrator Link, which is handling the failed Woodford funds, is making its first distribution to investors this week, with most expecting to lose a substantial chunk of their original investments.

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Woodford IM to be ‘re-shaped’ after £14m dividend payments

The two founding directors of Woodford Investment Management were paid total dividends of £13.825m in the company’s most recent financial year despite a profit plunge and well publicised woes at the company.

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Schroders to manage renamed Woodford Patient Capital Trust

Schroders will take over the Woodford Patient Capital Trust by the end of the year, it has been revealed.

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