Trio of Invesco fund managers resign to join Woodford

A trio of fund managers at Invesco Perpetual are exiting the firm to join Neil Woodford's new venture.

Investment Week understands Invesco Pan European Equity Income fund manager Stephen Lamacraft, alongside fellow fund managers Paul Lamacraft and Saku Saha, have all quit their current roles and will move to join Woodford Investment Management imminently. All three managers were part of Invesco Perpetual's UK equities team, previously headed up by Woodford, although only Stephen Lamacraft managed money. Saha and Paul Lamacraft focused on assessing the smaller, often unquoted companies in which Woodford took an increasing interest during his latter years at Invesco. The hires for Woo...