Woodford investors to get first payment from collapsed fund around Jan 30-administrator

LONDON, Jan 10 (Reuters) - Investors in British money manager Neil Woodford’s collapsed three-billion-pound ($3.92 billion) equity income fund will get their first payments on or around Jan. 30, the fund’s authorised corporate director Link Fund Solutions said on Friday.

BlackRock has realised 1.9 billion pounds from the sale of the equity income fund’s assets, representing 63% of the value of the fund, Link said in a letter to investors.


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.