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

Board highlights four proposals

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