Funds News 

Former Woodford fund to make second payout to investors

Former Woodford fund to make second payout to investors

Investors trapped in LF Equity Income (GB00BLRZQ844), the stricken fund once run by Neil Woodford, are due to receive a second cash payout. Link Fund Solutions, the authorised corporate director for the fund, said that a further £141.7m had been generated from the sale of holdings, equivalent to around a fifth of the fund’s remaining assets as of 10 March.

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