Five wealth managers on accessing unquoted companies after Woodford saga
By Sebastian Cheek, 19 Jun 19
Big support for closed-ended vehicles to access illiquid assets
The ongoing saga, which has seen the intervention of the Financial Conduct Authority, has echoes of the gating of UK property funds after the Brexit referendum in 2016.
Investors remain locked in the fund while paying management fees as Woodford sells down illiquid holdings.
Here, we speak with five fund selectors to find out how the fallout from the Woodford fund freeze has affected their approach to liquidity and accessing unquoted assets.
Click through the slides above to find out what they said.