FCA issues warning notice to Woodford and LFS funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.
The Financial Conduct Authority s (FCA) investigation into the Woodford Equity Income Fund (WEIF) finds that the failures of Link Fund Solutions (LFS) and "star stock picker" Neil Woodford ultimately led to the fund s demise, leading to the regulator issuing notices.
Authorised corporate
director Link Fund Solutions failed to act with due skill, care
and diligence in its management of the Woodford Equity Income
Fund , whose failure in 2019 trapped around.