LF Woodford Equity Income Fund

Former Neil Woodford fund

The LF Woodford Equity Income fund was the flagship product of Woodford Investment Management. Launched in 2014, it was considered one of his most successful products.

At its peak, the Equity Income fund managed £10.2bn worth of assets, with local authority pension funds among them.

In June 2019, after a run of poor performance and massive outflows, trading in the fund was suspended. In the four weeks leading up to the fund's suspension, investors had withdrawn about £560m from it.

The fund was subsequently removed from recommended buy lists. That October, the fund - along with Woodford Investment Management - closed down for good.

Unit trusts/OEICs

Remaining Woodford fund assets shrink 40% since last distribution revealed

Follow-on investment failed

06 December 2023 • 3 min read

Property

How do you solve a problem like a liquidity mismatch?

Friday Briefing

23 October 2023 • 4 min read

Asset Managers

Woodford investors to vote in single class as scheme of arrangement vote delayed

Sanction hearing 18 January

12 October 2023 • 3 min read

Financial services

Link Fund Solutions first court hearing extended as parties clash over class meetings

Reconvene on Thursday 12 October

10 October 2023 • 2 min read

Companies

Link Fund Solutions sale edges closer to completion after key condition satisfied

Acquisition by Waystone Group

03 August 2023 • 2 min read

Companies

Woodford legal claims raise concerns over potential Link Fund Solutions redress

‘A bad deal for investors’

21 April 2023 • 4 min read

Companies

Link Fund Solutions sale in doubt after Waystone Group senior management exit

‘No certainty’ about deal's future

30 March 2023 • 2 min read

Unit trusts/OEICs

Court date set for first hearing in Link Woodford case

19 and 20 December

16 December 2022 • 1 min read

Regulation

FCA rules out Woodford report unless enforcement action is taken

FCA annual public meeting

12 October 2022 • 2 min read

Companies

Woodford ends ambition for UK business

Removal from Companies House

12 July 2022 • 1 min read