Invesco's Boyne and McGraw to take on Yerbury IT

Invesco Perpetual has announced Paul Boyne and Doug McGraw will take over Bob Yerbury's role as managers on the Invesco Perpetual Select investment trust.

The board’s chairman Patrick Gifford announced the company is proposing to revamp the global equity portion of the trust, with Yerbury stepping down from management as a result. Invesco Perpetual has now confirmed Boyne and McGraw, who both co-manage the group’s open-ended Global Equity Income fund, will take over the mandate, subject to shareholder approval. The group said: “We can confirm the proposed manager change will see Paul Boyne and Doug McGraw take over the global equity portfolio. “The decision resides with the board of the trust and requires shareholder approval, with B...