Invesco Perpetual

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.

Invesco Perpetual star manager Neil Woodford believes equity markets can still provide meaningful returns despite the muted economic environment.

ON BONDS

PARKS & NEWMAN INTERVIEW

Invesco Perpetual has completed an 18-month review into the way it manages global equities, leading to a change of investment process for its flagship £1.1bn Global Equity fund.

ON EUROPE

Invesco Perpetual star managers Paul Causer and Paul Read recently bought into Spanish and Italian bonds after seeing yields escalate during the European sovereign debt crisis.

Neil Woodford will receive a dividend boost from top-20 holding International Power after GDF Suez agreed a special payout in excess of £1.3bn to sweeten its proposed tie-up.

THE ALCHEMIST