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...
Partner Insight: In this environment, a well-resourced credit research team is essential and having traders to keep check on markets is very helpful too, according to Fidelity fixed income managers Sajiv Vaid, Peter Khan and Kris Atkinson
Impact of political turmoil and Brexit
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In recent weeks, investors have fixated on the inversion of several sovereign yield curves, most notably the US Treasury curve.
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