Invesco Perpetual

EQUITY INCOME

BNY Mellon Asset Management has outsourced and renamed its £57m Newton US Equity fund, formerly managed by Simon Laing.

Jupiter Unit Trust Managers employs the most FE Alpha Managers with 12 on the newly revealed list for 2012.

Invesco Perpetual's Paul Chesson has admitted to some "errors of judgement" which have caused his £289m Japan fund to underperform for the past 18 months.

Invesco Perpetual is launching a Global Financial Capital fund, managed by co-heads of fixed income Paul Causer and Paul Read alongside CIO Nick Mustoe, to tap into long term structural reform of the financials sector.

Neil Woodford has delivered a blow to European markets' positive start to the year, warning the eurozone is on the brink of entering recession.

A number of top fund managers took a hit on their portfolios this week as retail favourite Tesco issued a profits warning, sending its shares down 16% in a day - the largest fall since 1988.

ON BONDS

Invesco Perpetual's Paul Causer and Paul Read have admitted banking exposure has hurt the performance of their £334m Tactical Bond fund, but are sticking with the positions.

Invesco Perpetual fund manager, Jonathan Brown, on why he expects a pick up in M&A activity in the smaller companies sector next year.