Will Invesco be the next victim of key man risk?

clock

What will Neil Woodford's departure mean for Invesco Perpetual's asset base?

Woodford, who runs over £30bn of assets at Invesco, is to leave next April to set up his own fund management business. The group's Mark Barnett will take over his Income and High Income funds. Woodford's status at the group, along with the timing of the announcement (almost 25 years to the day since he joined), means it is inconceivable that the news caught Invesco by surprise. The introduction of a multi-asset capability, spearheaded by several former members of the Standard Life GARS team, shows the group has other strings to its bow, as does the continuing presence of Paul Causer a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Government launches taskforce to tackle £1.6bn in unclaimed child trust funds

Government launches taskforce to tackle £1.6bn in unclaimed child trust funds

Links up with providers including Coutts, Nationwide and HSBC

Isabel Baxter
clock 29 June 2026 • 3 min read
FCA proposes 'targeted and proportionate' changes to listing rules for closed-ended funds

FCA proposes 'targeted and proportionate' changes to listing rules for closed-ended funds

Consultation runs into August

Michael Nelson
clock 26 June 2026 • 5 min read
Big games, big names… and smaller companies

Big games, big names… and smaller companies

'Brazil should be looking to the future rather than to the past'

Gabriel Sacks
clock 22 June 2026 • 4 min read