Failed Woodford investors to share £20m in next round of payments

Trapped investors in the Woodford Equity Income Fund are set to receive a share of £20m as part of the fifth capital distribution, taking total payments from the wind-up of the fund to £2.56bn in the three years since it was suspended. Link Fund Solutions, the fund’s administrator, said that remaining assets may not be sold before mid-2023 given their illiquid nature. 

Read more.