Link Fund Solutions appoints PwC to advise on £235m Woodford redress scheme
Further details of the compensation scheme expected to be announced in September
Further details of the compensation scheme expected to be announced in September
Though the deal still rests on Link Fund Solutions’ sale to Weystone Group
Only one in 10 investors in the collapsed Woodford Equity Income Fund has done so, according to Sharesoc
A settlement with the FCA currently stands in the way of a potential sale to Waystone Group
Claims are estimated to be in excess of £100m
FCA’s earlier demand for £356m could make or break any potential deal
As company reports a strong quarter and CEO Chris Hill announces his retirement
Benevolent AI saw its share price drop from £7.01 to £3.42 per share
There may be buyers lined up for the ‘remaining rump of firms’, but at what price compared to the valuations when the funds were suspended?
LF Equity Income sees 17% wiped off its NAV
Pooling resources and presenting a ‘united front’ is the most effective way of securing justice for beleaguered investors
Investors have been trapped in the fund for over 1,000 days