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Potential deal with UK regulator means  the fund services giant may not make any profit from selling its solutions business

Online Editor

Link Group, the firm that acted as the authorised corporate director for Neil Woodford's collapsed fund empire, is in talks to sell its fund solutions business, as a potential settlement with the Financial Conduct Authority over its conduct nears.

Link is in exclusive discussions with Dublin-headquartered fund services company Waystone Group to offload its whole fund solutions business bar Woodford-related liabilities, it said in a 20 February Australian Securities Exchange statement.

Link in talks to sell fund solutions business as Woodford probe continues

Potential deal with UK regulator means the fund services giant may not make any profit from selling its solutions business

Justin Cash

Australian Securities Exchange

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