Invesco Perpetual

Invesco Perpetual is to change the name of Paul Causer and Paul Read's top-performing European High Yield bond fund to better reflect its global investment approach.

Invesco Perpetual's David Millar, Dave Jubb and Richard Batty - who joined the group from SLI this year - have revealed eight key investment ideas they are pursuing across the multi-asset portfolio at their new firm.

Mark Barnett's Invesco Perpetual UK Strategic Income fund is among a handful of UK equity income vehicles to have displayed a lower maximum drawdown than Neil Woodford's portfolios over the past five years.

In a way, the departure of Neil Woodford from Invesco Perpetual was a strangely subdued affair. I feel slightly cheated.

There was really only one story grabbing the headlines in the retail financial services world this week - the surprise exit of the most famous investor in the UK, Invesco Perpetual's Neil Woodford.

Neil Woodford was among those awarded honours by Prince William at Buckingham Palace yesterday, days after he announced his departure from Invesco Perpetual.

WOODFORD

Wealth management firm St James's Place is reviewing two mandates managed by Neil Woodford after his shock departure announcement yesterday.

WOODFORD EXIT

WOODFORD EXIT