Barnett ousted from PLY: Justified or a 'Doctor Doom' moment?
Could spell bottom for value, say experts

Monday's news (6 April) that Mark Barnett and Invesco will no longer be running the Perpetual Income and Growth trust (PLY) comes as "little surprise" to many investment professionals given its underperformance over recent years, but will likely be viewed as an attractive prospect for fund managers given its shareholder base and 'dividend hero' status.
Others, meanwhile, have questioned whether the removal of Barnett from the £620m trust resembles the sacking of well-known contrarian manager Tony Dye in 2000, who avoided tech stocks during the run-up...
More on Investment
Fred Mahon: The maths of standing still
Reasons to be optimistic in 2021
Unloved targeted absolute return sector suffers £12bn outflows in 2020
'Varied' and 'poor' performance slammed
PA parent Incisive Media launches Sustainable Investment Festival
Join us on 22-24 June
Baroness Helena Morrissey among senior industry allies to launch racial equality campaign
Shifting the narrative to support equality
70% of UK financial services professionals 'not confident' their firm conducts ethical finance
Scepticism towards companies' commitments
More news
Fred Mahon: The maths of standing still
Reasons to be optimistic in 2021
What is the FCA's new DB advice assessment tool 'DBAAT'?
The Financial Conduct Authority (FCA) has published a defined benefit (DB) transfer tool which it said should help firms understand its file review methodology for DB transfer advice. But what exactly is it and why should advisers care?
FCA denies 12 advice firms authorisation following phoenixing suspicions
131 firms have authorisations revoked