Where should I invest now? Five alternatives to Woodford

WOODFORD EXIT

Today Invesco Perpetual revealed Neil Woodford, the most famous fund manager in Britain, is leaving next year to launch his own business.

His departure has huge ramifications for investors, and although Invesco Perpetual has moved to fill the void by appointing Mark Barnett to his two income portfolios, the fact remains many people will follow the money. While many investors may simply switch their portfolio to back Woodford's new venture, or stay put with Barnett, there remains a chance Woodford may wish to launch something totally different when he sets up his own firm, following in the footsteps of Fidelity's Anthony Bolton. If this happens, investors will need alternatives, and below are five highly-rated income fun...