Invesco Perpetual

Invesco Perpetual has announced Paul Boyne and Doug McGraw will take over Bob Yerbury's role as managers on the Invesco Perpetual Select investment trust.

Invesco Perpetual has announced Paul Boyne and Doug McGraw will take over Bob Yerbury's role as managers on the Invesco Perpetual Select investment trust.

Neil Woodford has helped initiate a boardroom overhaul at claims handler Helphire, ousting former Tory leader Michael Howard after the company posted a series of disappointing results.

Invesco Perpetual managing director Bob Yerbury is to step down from his co-manager role on the Invesco Perpetual Select investment trust as the group revamps its mandate.

Invesco Perpetual's Mark Barnett has warned the present financial crisis is worse than the turmoil seen in 2008 when Lehman Brothers collapsed.

Imperial Tobacco, one of Neil Woodford's top 10 stocks across his income portfolios, has reported full-year trading will be in line with previous forecasts, with its share price rising over 2% in reaction.

Invesco Perpetual's Neil Woodford is set to profit as his holding Omega Insurance received two takeover bids in as many days.

The heavy market sell-off over the past month has pushed preiums in the closed-ended UK income sector to near all-time highs as investors hunt for income, according to analysts.

ON BONDS

Invesco Perpetual remains positive on the prospects for the Spanish economy despite Moody's hinting it may downgrade the nation's credit rating this morning.