Remaining Woodford fund assets shrink 40% since last distribution revealed

Follow-on investment failed

clock • 3 min read

The remaining assets of the former Woodford Equity Income fund have shrunk 40% since the fifth capital distribution was revealed to investors, on 6 October 2022.

According to Investment Week calculations, the fund has fallen two-fifths in value, excluding the payment of a £20m capital distribution to investors. On 6 October 2022, Link Fund Solutions managing director Karl Midl wrote to investors informing them of the final capital distribution to date and revealed the fund's NAV stood at £79.9m on 30 September 2022. Harcus Parker accuses FCA of 'inaccurate summary' regarding potential third party Woodford claims According to the fund's unaudited interim report for the half year to 30 September 2023, the fund's NAV now stands at just £36m, a...

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