Investment trust commentators are divided on what action is in the best interests of shareholders in the £123m Invesco Perpetual Enhanced Income trust (IPE) as the battle intensifies between its board and manager Invesco Perpetual following a disagreement on fees, with some believing there is "an important piece of information missing".
On 23 April, Invesco gave 12 months' written notice to the board of the trust, which has been managed by fixed income stars Paul Read and Paul Causer since 2004, stating it would be resigning over "contractual...
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