Invesco Perpetual is adding two new managers to its Pacific fund to assist lead manager Stuart Parks.
The European deleveraging process is five years behind that seen in the US and may obstruct a further rise in equity markets, according to Invesco Perpetual's Neil Woodford.
Paul Causer, co-head of fixed interest and co-manager of the Invesco Perpetual Global Financial Capital fund, looks at what has been done over the past year to tackle the problems in the financials sector.
Invesco Perpetual's Michael Matthews is to join Paul Causer and Paul Read as a co-manager on the firm's £5.8bn corporate bond fund at the end of the month.
The Financial Services Authority (FSA) is planning to up its focus on advisers and wealth managers placing large amounts of client money in a single fund, amid fears some firms are not carrying out sufficient due diligence.
Schroders today announced it is in talks with Cazenove Capital about a potential takeover of the group, as the FTSE 100 giant moves to fill a Richard Buxton-shaped hole in its UK equity desk.
A leading equity manager warning on equity markets, the overhaul of the IMA's Absolute Return sector and Skandia's latest plans all made our top ten list of the most read stories last week.
Neil Woodford, manager of Invesco Perpetual's £20bn Income fund range, has become more cautious on UK equities after a strong six-month showing from the FTSE 100.