Neil Woodford

Neil Woodford has said he plans to create a major asset management business, rather than a simple boutique, as he begins life at Woodford Investment Management.

Invesco CEO Martin Flanagan has played down analyst concerns over further UK equity income outflows as former employee Neil Woodford prepares to launch his own fund.

A trio of fund managers at Invesco Perpetual are exiting the firm to join Neil Woodford's new venture.

LEADER

Invesco Perpetual's US parent company Invesco saw its shares slide yesterday after the group lost a significant mandate to exiting head of investment Neil Woodford.

Oakley Capital has hired F&C's co-head of UK wholesale and a number of ex-Invesco sales staff as its funds team swells to more than a dozen ahead of star manager Neil Woodford's arrival, Investment Week understands.

Will manager moves win out over buy list pressure?

Paul Farrow, the former editor of the Telegraph's personal finance section, has been appointed head of corporate communications at Oakley Capital,the group supporting Neil Woodford's new business.

The managers of the top-performing Unicorn UK Income fund are selling down small- and mid-cap companies in favour of larger firms in a move away from its traditional hunting ground.

Neil Woodford is to use a three-week offer period to launch a new UK equity income fund when he joins Oakley Capital this May.