Invesco trust chair faces removal over fees fallout
The board of the Invesco Perpetual Enhanced Income investment trust is facing a showdown with shareholders over its fall out with the asset manager over fees, which could see the chairman and another director ousted from their roles.
Newton launch adds to limited ethical bond fund options
Newton Investment Management has launched a rival fund to the limited selection of ethical options in the Sterling Strategic Bond sector.
Neptune hires bonds heavyweight after raft of manager exits
Neptune Investment Management has nabbed industry heavyweight Theodora Zemek for a newly-created senior fixed income role after a number of fund manager exits over the last two years.
Bank of England warns bond managers on hidden risks
The Bank of England has raised a number of concerns about hidden risks in the UK fixed income markets, while underplaying the impact of quantitative easing on bond yields.