Equities have started the day off on the front foot following a positive reaction in the US overnight to confirmation of QE tapering, which could have triggered the long awaited Santa rally.
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Simon Thompson Bargain Share 2013 constituent Oakley Capital Investments (OCL) has received a boost with the announcement today that the departing Invesco Perpetual fund management star Neil Woodford is to join its affiliated fund management business Oakley Capital Limited to set up his own fund management business. Invesco retains a 30 per cent stake in Oakley Capital.