The board of the Perpetual Income and Growth trust has given Invesco Fund Managers a notice of termination, removing Mark Barnett from management duties after "an extended period of underperformance".
Barnett, who has managed the trust for more than 20 years, has previously been under pressure from the trust's board, which said the "the decision had not been taken lightly" and identified the manager's...
Phoenix Group has become a signatory of the UN-supported Principles of Responsible Investment (PRI).
Value is in the eye of the beholder
Replaces António Horta-Osório
Blending active and passive strategies
Schroders scrapes £75m for British Opportunities Trust as UK smaller companies launches fail to entice
Schroders 'faces headwinds'
'Advice gap clearly visible'
A tenth of pension savers would consult an adviser
‘Fiddling while Rome burns’
P&B Wealth joins DB transfer bureau