News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Link extends talks with Waystone over fund solutions arm sale

Link now targeting April 2023 for an agreement to be reached

The FCA continues to investigate the fallout from the Woodford saga
The FCA continues to investigate the fallout from the Woodford saga Photo: Chris Ratcliffe/Getty Images

Link Group, the Australia-based parent of the administrator responsible for overseeing Neil Woodford's fallen flagship fund, has extended exclusive talks with Dublin-based Waystone to sell its UK fund solutions business.

Link announced in February that it was in exclusive talks with Waystone Group to acquire the division, apart from any Woodford-related liabilities, and was aiming to strike a deal by the end of March.

WSJ Logo