LIFE AFTER WOODFORD
Neil Woodford was among those awarded honours by Prince William at Buckingham Palace yesterday, days after he announced his departure from Invesco Perpetual.
The Edinburgh investment trust has tumbled a further 5% this morning as investors continue to sell out, moving on to a discount following Neil Woodford's surprise move.
Key Neil Woodford holdings including Capita and BAE Systems dropped sharply in late trading yesterday as news of the manager's 2014 departure from Invesco Perpetual filtered through.
Today Invesco Perpetual revealed Neil Woodford, the most famous fund manager in Britain, is leaving next year to launch his own business.
What will Neil Woodford's departure mean for Invesco Perpetual's asset base?
News that the UK's best known fund manager Neil Woodford is leaving Invesco Perpetual after 25 years has caused leading fund brokers to suspend their ratings of his portfolios.
Shares in the Edinburgh Investment Trust were selling off this afternoon after the shock news Neil Woodford will be leaving Invesco Perpetual in April.
Neil Woodford is to leave Invesco Perpetual next April and set up his own business, the group has announced.
Invesco Perpetual's Neil Woodford has accused Labour leader Ed Miliband of "economic vandalism" over his plans for a price cap on energy bills.