'Household name' asset managers battle for management of Invesco trust

Board highlights four proposals

Jayna Rana
 Invesco's Paul Read and Paul Causer, current managers of the trust

Invesco's Paul Read and Paul Causer, current managers of the trust

The board of the £120m Invesco Perpetual Enhanced Income investment trust has said it has received "strong proposals" from a range of potential managers to take over responsibility of the trust from Invesco Perpetual, who announced its resignation last month.

In a statement released this morning, the board said a number of "highly credible proposals to act as investment manager for the company" had been received in response to the recruitment process initiated...

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