Woodford1 Jul 2019 06:29
A ban preventing hundreds of thousands of investors in Neil Woodford’s principal equity income fund from selling is set to be extended indefinitely on Monday, The Times has learnt.
Link Fund Solutions, the independent organisation charged with governing the fund, is understood to be drawing up plans to announce a continuation of the suspension because Woodford Equity Income Fund is in no shape to withstand the redemption requests expected, if and when it reopens.
A spokesman for Link said a review would take place and an announcement would be made on Monday.
Basically no effect on us maybe great results and a quivk sale for 2.billiion and problems sorted