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 In the four weeks leading up to the fund's suspension, investors had withdrawn about £560m from it.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

Link Fund Solutions sued again over Woodford collapse

Harcus Parker case

06 June 2022 • 2 min read

Regulation

Calls grow for FCA to end 'deafening silence' as Woodford update 'adds insult to injury'

Wind up could push into 2023

15 March 2022 • 2 min read

Unit trusts/OEICs

Link warns Woodford Equity Income investors wind up may enter third year

NAV update shifted to quarterly

15 March 2022 • 2 min read

Industry

Outsourcing buy lists offers investor benefit but industry unlikely to follow suit

ii says “time to evolve”

04 February 2022 • 6 min read

Funds

Acacia Oxford Nanopore holding now exceeds total purchase price of former Woodford portfolio

Realised and unrealised gain

17 November 2021 • 1 min read

UK

'No chance': Answers needed as industry reacts to Woodford's slated return to fund management

Shamed manager's comeback met with fury

22 February 2021 • 5 min read

Regulation

FCA partners with Jersey regulator to probe new Woodford venture

WEIF investigation ongoing

17 February 2021 • 2 min read

Equities

Update: Link completes Woodford-Acacia deal as LF Equity Income value reduces after Ombu deal

Total distribution to investors nears £2.5bn

21 December 2020 • 4 min read

Investment

Nelsons set to issue formal claim against Link in Woodford case by year end

Leigh Day in "final stages"

26 October 2020 • 1 min read

Unit trusts/OEICs

Woodford investors potentially in limbo for further 12 months

Liquidation fees have risen to over £15m

30 September 2020 • 1 min read