Funds News 

Invesco quits managing Invesco Perpetual Enhanced Income in fees row

Invesco quits managing Invesco Perpetual Enhanced Income in fees row

Invesco Perpetual has resigned as manager of Invesco Perpetual Enhanced Income (IPE) following a dispute with its board over fees. The investment trust is run by veteran bond managers Paul Causer and Paul Read, co-heads of fixed interest at Invesco Perpetual, and Rhys Davies. They will serve out a notice period of 12 months.

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