Woodford investors to get 75% of collapsed fund in first pay-out-Link
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LONDON (Reuters) - Investors in the collapsed equity income formerly run by British money manager Neil Woodford will get 75% of the value of the fund in their first pay-out, its administrator said on Wednesday.The fund moved into wind-up on Jan 18 and has generated 2.2 billion pounds through the sale of assets by BlackRock , Link Fund Solutions said in a letter to investors. Investors will get their first payment on or around Jan 30, Link said earlier this week.Link is still exploring a sale of..