Invesco Perpetual

Whitechurch Securities is considering imposing a cap on the size of funds it buys for clients, a move which may see it automatically sell a fund once it hits a set limit.

Oakley Capital has hired F&C's co-head of UK wholesale and a number of ex-Invesco sales staff as its funds team swells to more than a dozen ahead of star manager Neil Woodford's arrival, Investment Week understands.

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Invesco Perpetual's Mark Barnett has taken over Neil Woodford's £8.4bn Income and £13.1bn High Income funds with immediate effect, ahead of his original end-April start date.

As the latest figures from the IMA show Absolute Return funds have seen their highest retail sales for over four years, Standard Life Investments' phenomenally successful GARS fund is starting to face more competition from peers.

Members of Invesco Perpetual's sales team have left the business in order to join Neil Woodford's new venture, Investment Week understands.

Invesco Perpetual is launching a new discounted share class for five of the UK's largest platforms, offering their users cheaper access to its fund range, Investment Week can reveal.

Invesco Perpetual has made a major change to its charging structure across its range of funds, scrapping the annual management charge in favour of a single charge which encompasses all costs.

Paul Farrow, the former editor of the Telegraph's personal finance section, has been appointed head of corporate communications at Oakley Capital,the group supporting Neil Woodford's new business.