On 15 October 2019, Link Fund Solutions Ltd (LFS), the Authorised Corporate Director (ACD) of the LF Woodford Equity Income Fund (WEIF) announced that it will not seek to re-open the WEIF and instead, it will look to wind-up the fund as soon as practicable. LFS considers the winding-up of the WEIF to be in the best interests of all investors and will enable the return of cash to investors at the earliest opportunity. LFS expects the winding-up to begin in mid-January, subject to regulatory approvals. LFS will now request formal approval from the FCA to wind-up the fund.
https://www.fca.org.uk/news/news-sto...ty-income-fund
https://www.fca.org.uk/news/news-sto...ty-income-fund