11 July 2022 | Comment | Article by Neil Stockdale
Investors pursue professional negligence claims against Link Fund Group following collapse of Woodford Equity Income Fund
The Financial Mis-selling team at Hugh James is taking on professional negligence claims against the Link Fund Group, for investors who have suffered financial loss as a result of Link's failure to manage the Woodford Equity Income Fund effectively.
The Woodford Equity Income Fund was a product of popular investment management company, ‘Woodford Investment Management’, co-founded by Neil Woodford CBE in 2014. The Link Fund Group were appointed administrators of managing the fund and investments. Poor performance in investments made by the fund, led to a flurry of investors withdrawing their money with a reported £500 million being withdrawn in four weeks. Link subsequently froze the fund which led to its collapse, and the Neil Woodford ‘scandal’.
Thousands of Woodford investors have already commenced proceedings in the High Court against the Link Fund Group.
We are reaching out to any investors in the Woodford Equity Income fund that have lost money due to Link’s poor investment management decisions.
If you invested in the Woodford fund you should consider taking advice. We will conduct cases on a ‘no win no fee’ basis following a full risk assessment.
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