Woodford hits back over £3.5bn fund wind-up decision

Neil Woodford has hit out at Link Fund Solutions after the administrator decided to pull the plug on his £3.5m Equity Income Fund.

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New rules on illiquid assets held by funds

The FCA has published new rules to tighten up the use of illiquid funds in some open-ended funds.

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7IM warns against 'best buy' investment trusts

7IM has warned that closed-ended funds do not belong on best buy lists despite the recent suspension of the open-ended Woodford fund due to illiquidity. 

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Woodford fund suspension extended by 28 days

Woodford has extended the suspension of its LF Woodford Equity Income Fund (a sub-fund of LF Woodford Investment Fund) for at least another 28 days as the company grapples to avoid disaster.

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