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...
Months of negotiations
PARTNER INSIGHT: Ian Lance and Nick Purves, managers of the TM RWC UK Equity Income Fund, analyse the tug of war between value and growth that is being observed in markets today and why the future for value investing looks bright.
PARTNER INSIGHT: Ian Lance and Nick Purves, portfolio manager of the TM RWC UK Equity Income Fund, discuss the opportunity shift from growth to value after ten years of underperformance.
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Increased by ten percentage points