invesco perpetual

Fundsmith tops Morningstar list

Invesco Perpetual has made three appointments to its UK equities team.

Neil Woodford's Invesco Perpetual Income fund has shed £550m in a single day, according to data from FE, as outflows from his portfolios continue.

Invesco Perpetual's Mark Barnett is to become manager of the £1bn Edinburgh investment trust as of today, taking over from Neil Woodford ahead of the latter's forthcoming move to Oakley Capital.

Neil Woodford was among those awarded honours by Prince William at Buckingham Palace yesterday, days after he announced his departure from Invesco Perpetual.

Invesco Perpetual's Neil Woodford has accused Labour leader Ed Miliband of "economic vandalism" over his plans for a price cap on energy bills.

M&G Global Dividend was the best-selling fund on Cofunds in August, while Mixed Investment 20-60% Shares retained its position as the most popular sector for the eighth consecutive month.

Mixed Investment 20-60% shares was the most popular sector in July for the seventh consecutive month, according to sales data from Cofunds.

Neil Woodford's £13.7bn High Income fund is at risk of being expelled from the IMA UK Equity Income sector at the end of 2013 if its historic yield does not improve.

FundsNetwork has accelerated its take on of clean share classes to achieve its target of having 95% of current platform assets covered by clean share classes by the end of June.