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IPE managers argue they are "good value for money"

IPE managers argue they are "good value for money"

Paul Read and Paul Causer say that they have resigned as managers of Invesco Perpetual Enhanced Income (IPE) due to an "untenable" working relationship with its "overly aggressive" board rather than because of fees. It is the first public statement from the investment trust's managers, who are co-heads of fixed interest at Invesco Perpetual, since they resigned in April after negotiations with the board over a proposed new fee arrangement broke down. 

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