Invesco Perpetual

Aviva Investors plans to launch a low volatility absolute return fund as it simplifies its product offering following the arrival of Euan Munro as CEO, Investment Week can reveal.

Neil Woodford is to use a three-week offer period to launch a new UK equity income fund when he joins Oakley Capital this May.

LEADER

Star fund manager Neil Woodford's new venture has been named after the man himself, according to documents published to Companies House.

Neil Woodford's Invesco Perpetual Income fund has shed £550m in a single day, according to data from FE, as outflows from his portfolios continue.

Invesco Perpetual's Mark Barnett has said he will take an ‘unpredictable' approach to mitigating potential outflows when he takes over Neil Woodford's equity income funds in April.

Investment trust analysts have called for the merger of two of Mark Barnett's trusts after it was announced the manager would take on the running of the £1.1bn Edinburgh portfolio.

Invesco Perpetual's Mark Barnett is to become manager of the £1bn Edinburgh investment trust as of today, taking over from Neil Woodford ahead of the latter's forthcoming move to Oakley Capital.

Neil Woodford will be assisted in his new venture at Oakley Capital Management by Nick Hamilton, formerly a head of product at Invesco Perpetual.

YEAR IN REVIEW