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Neil Woodford to join small PE firm
19 December 2013
Woodford is one of Invesco Perpetual's star fund managers
Invesco Perpetual’s Neil Woodford is to move to a
small private equity group next year.
Woodford, who is currently head of UK equities at Invesco
Perpetual, will join Oakley Capital Management in May
He will manage retail and institutional clients’
money at Oakley Capital.
Peter Dubens says: "I am delighted Neil is joining and we fully
support his desire to create his own transformational asset
management business soon after joining Oakley Capital. We
will fully support the transition and in the meantime we will
provide an environment in which [Woodford] can have the
autonomy and flexibility to best serve the interests of
Woodford has worked at Invesco Perpetual since 1988 and
currently runs the Invesco Perpetual Income and Invesco
Perpetual High Income Funds.