Barnett ousted from PLY: Justified or a 'Doctor Doom' moment?

Could spell bottom for value, say experts

Lauren Mason
clock • 4 min read

Today's news (6 April) that Mark Barnett and Invesco will no longer be running the Perpetual Income and Growth trust (PLY) comes as "little surprise" to many investment professionals given its underperformance over recent years, but will likely be viewed as an attractive prospect for fund managers given its shareholder base and 'dividend hero' status.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Trustpilot