IP High Income ousted from IMA sector
The fund will now be categorised under the IMA UK All Companies sector from 31 March.
The fund will now be categorised under the IMA UK All Companies sector from 31 March.
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The firm is boosting its UK equities team with two new product directors and an investment analyst.
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The Global Financial Capital Fund will now have Julien Eberhardt as deputy fund manager.
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The former Royal Airforce pilot and now head of private investment management (offshore) at Isle of Man based Thomas Miller picks six funds which are commonly found within his clients’ portfolios.
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In giving Neil Woodford’s funds over to Mark Barnett ahead of schedule, Invesco Perpetual has forced the hand of investors still sitting on the fence, but it has also given the new manager a chance to stamp his mark.
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Two months ahead of schedule, Barnett has taken over management responsibility of Invesco’s income funds. from Neal Woodford.
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Speculation over the future of Woodford Investment Management is understandably rife, and will undoubtedly gain momentum over the next 10 weeks or so until the 'big reveal'.
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Neil Woodford is understood to be preparing a UK equity income fund that looks remarkably similar to that which he ran at Invesco Perpetual.
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Investors are making the case for non-state-controlled companies in resource-rich Latin America
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RSMR puts funds under microscope amid manager changes
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With the management of the Edinburgh Investment trust sorted, what will happen to Invesco’s income funds?
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Paul Read and Stuart Edwards of Invesco Perpetual’s fixed income team believe income rather than capital growth will remain a key focus for both UK and global bond investors during 2014‚ but there are fewer opportunities available.
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