Wealth and Asset Management
Blow for Invesco Perpetual as St James's Place pulls £8bn in funds and hands it to departed stockpicker Neil Woodford
St James’s Place is moving £8billion of funds away from Invesco Perpetual to follow star manager Neil Woodford. Mr Woodford had managed three of wealth manager SJP’s funds, representing £3.65billion, at Invesco Perpetual — UK High Income, UK Equity and Income Distribution. But he left on April 1 and SJP…
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