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Woodford investors to receive second payout of £142m

But analyst warns of long wait for remaining funds to be returned

Investors in Neil Woodford’s collapsed equity income fund are in line for a further payment this month, after the administrator overseeing the defunct vehicle said £142m had been raised from selling assets.

Link Fund Solutions informed investors on 12 March that they would receive payments by 25 March, bringing the total amount redistributed to investors to around £2.3bn.

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