Invesco Perpetual

INFLATION

The UK Equity Income sector's total return outstripped other income-focused offerings in the last year, easily surpassing Asian, European and global equity market products. Does that make now a good time to switch?

ON JAPAN

Invesco Perpetual's Martin Walker tells Dan Jones why now is the time to stick with insurers, and how the rich pickings across the equity market have dried up somewhat.

The UK has seen a sharp drop in new fund launches at the start of 2014, attributed to administration backlogs, pricing overhauls and Neil Woodford's forthcoming new venture.

LEADER

The IMA has said it will ensure the UK Equity Income sector does not become "unrepresentative" as other funds look set to follow Invesco Perpetual High Income out of the peer group.

Invesco Perpetual's US parent company Invesco saw its shares slide yesterday after the group lost a significant mandate to exiting head of investment Neil Woodford.

St James's Place is to reallocate £7bn in mandates currently run by Invesco Perpetual to Neil Woodford and Threadneedle, with a further £700m mandate going to Manulife.

Invesco Perpetual has confirmed Mark Barnett's High Income fund is to exit the UK Equity Income sector at the end of the month, with two other income funds likely to follow suit.