Neil Woodford

LEADER

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.

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.

Will manager moves win out over buy list pressure?

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.

The managers of the top-performing Unicorn UK Income fund are selling down small- and mid-cap companies in favour of larger firms in a move away from its traditional hunting ground.

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.

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

Jupiter CIO John Chatfeild-Roberts has said he will seek to invest more of his £9bn Merlin multi-manager range in funds with overseas assets if sterling maintains its upwards trend.

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.