Neil Woodford agrees five-year salary programme to stay with henley-based group
Invesco Perpetual is to offer its five-year rolling incentive scheme to its other managers, after it agreed deals with Neil Woodford, Paul Causer and Paul Read last week. Woodford, who manages the £2.5bn Invesco Perpetual High Income and the £725m Income funds, confirmed he had signed the deal because he is now satisfied that Henley, Perpetual's investment centre, will retain its culture, something that senior, US-based Amvescap management had not initially visualised. Read and Causer, who manage the £354m Invesco Perpetual Corporate Bond fund and the £352m Monthly Income Plus fund, com...
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