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.
Fewer than one in eight managers running both open- and closed-ended funds have outperformed in their open-ended portfolios, Investment Week analysis shows.
Neil Woodford will be assisted in his new venture at Oakley Capital Management by Nick Hamilton, formerly a head of product at Invesco Perpetual.
One story dominated the headlines this week as Hargreaves Lansdown revealed its new pricing structure, but an insider dealing investigation and some fund tips for 2014 also enthralled readers.
Neil Woodford has told Hargreaves Lansdown's head of research, Mark Dampier, he is wary of a re-run of the eurozone crisis which began in late 2009 and battered stocks across the continent.
Craig Newman, ex-sales director at Invesco Perpetual, has moved Oakley Capital to work alongside fund manager Neil Woodford.
As 2013 draws to a close, we look back over the major news stories in an eventful year.
Neil Woodford is to join forces with investment firm Oakley Capital when he leaves Invesco Perpetual next April.
Neil Woodford's £1.4bn Edinburgh IT is again trading on a premium to NAV as appetite for the trust returns despite his forthcoming exit from Invesco Perpetual.