Invesco Perpetual

Invesco Perpetual plans to merge its two UK smaller companies funds following the departure of Andy Crossley at the end of the year.

Neil Woodford's Invesco Perpetual High Income fund has become the first UK unit trust to break through the historic £10bn of assets under management milestone.

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Invesco Perpetual's Paul Read and Paul Causer have cut almost 30 holdings from their £129m City Merchants High Yield trust as the managers look to reduce risk in the portfolio.

Jupiter is preparing to launch a Global Emerging Markets fund for Kathryn Langridge, which will run with two-thirds of its assets in small and mid caps.

Large caps are offering once-in-a-decade opportunity on a valuation-and-yield basis, according to Mark Barnett, manager of the Invesco Perpetual Strategic Income fund.

Invesco has been unable to find a buyer for its stricken Property Income trust, which remains in breach of its banking covenants.

Invesco Perpetual's Paul Boyne believes investors are wrong to use price/earnings multiples to value equity markets.

There is now a greater likelihood the UK will experience a double dip next year, while it is "almost a certainty" countries such as Greece will slide back into recession, says Invesco Perpetual's Neil Woodford.