BREAKING NEWS

LF Woodford Income Focus Fund suspension extended: Link

Text size Aa Aa

LONDON (Reuters) – The administrator of the LF Woodford Income Focus Fund said on Wednesday that it would extend its suspension, but was close to making a decision on its future.

Link Fund Solutions said in a letter to investors that it believed appointing a new investment manager or facilitating a scheme of arrangement were the best possible options and it expects to make a decision in the next 21 days.

If neither option proves to be in the best interests of investors, the likeliest outcome will be a wind-up of the fund, it said.

(Reporting by Simon Jessop)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.