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

Muted response as Labour names Grimsby Town FC co-owner next investment minister

Muted response as Labour names Grimsby Town FC co-owner next investment minister

After the sudden exit of Poppy Gustafsson last week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Hargreaves Lansdown and Schroders to launch double LTAF offering

Hargreaves Lansdown and Schroders to launch double LTAF offering

From next week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Darius McDermott: Complacency at the peak

Darius McDermott: Complacency at the peak

'Markets to hit new highs, while credit spreads are at multi-decade lows'

Darius McDermott
clock 08 September 2025 • 5 min read