Invesco Perpetual's Barnett steps down from Keystone IT; Goldstone to take over

Management fees also changed

Jayna Rana
clock • 2 min read

Invesco Perpetual's Mark Barnett will pass his managerial responsibilities for the £230m Keystone investment trust to fellow equities manager James Goldstone.

The group said the changeover will be effective from 1 April and will coincide with a change in the trust's management fee arrangements. The change comes just six months after Barnett (pictured) stepped down from the £70m Select UK Equity trust, the management of which also was given to Goldstone. Goldstone has been a member of the Invesco Perpetual UK equities team for five years and also recently assumed responsibility for the UK portion of a pan-European equity mandate. Since April 2014, he he has also managed a unit-linked UK equity pension fund. Beatrice Hollond, chair of Keys...

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