Skandia dumps Invesco for Woodford on £640m mandate
Skandia has handed a £640m life mandate currently run by Invesco Perpetual's Mark Barnett to Neil Woodford, in a move Hargreaves Lansdown analysts suggest may be the first of many.
Skandia said it is switching money from the Skandia Invesco Perpetual Income and High Income life mandates - run by Barnett since March this year - into the CF Woodford Equity Income fund, following client...
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