Invesco Perpetual's Mark Barnett is preparing a number of strategies to help preserve the performance of the group's Income funds if Neil Woodford's departure triggers outflows.
Speaking to IFAonline's sister title Investment Week, Barnett (pictured), who will take over the £14bn High Income and £10.6bn Income portfolios when Woodford leaves next April, said Invesco has stress tested the funds' liquidity positions and is prepared for redemptions. "We have done a lot of analysis on liquidity positions within the portfolio, albeit we do not know what the scale of outflows is going to be," he said. "We have thought a lot about different strategies we may use to take care of that." Barnett remained tight-lipped on the exact nature of those strategies, but ackn...
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