Investors Warned Not to Panic Sell Woodford

Following the star income fund manager's shock departure from Invesco Perpetual, we ask financial advisers and investment professionals: what should investors do?

Emma Wall 16 October, 2013 | 10:55AM
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Millions of investors have entrusted their hard earned savings to Neil Woodford's Invesco Perpetual Income fund - and been handsomely rewarded. If you had invested £1,000 in the £10.6 billion fund a decade ago you would have nearly quadrupled your cash. 

Similarly those who had invested in the £14 billion High Income fund would have seen their holding increase by 20% this year alone. 

Which begs the question - can Woodford's successor match these figures? The official line from Invesco is that Mark Barnett is "is an exceptional investor who has the same active, valuation-driven investment approach and long-term focus" as Woodford. 

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Edinburgh Investment Ord624.08 GBP-1.10Rating
Invesco Distribution UK Acc138.34 GBP-0.34Rating
Invesco Monthly Inc Plus UK Acc384.93 GBP-0.25Rating
Invesco UK Eq High Inc UK Inc318.62 GBP-0.20Rating
Invesco UK Equity Inc UK Inc1,263.62 GBP-0.22Rating

About Author

Emma Wall  is former Senior International Editor for Morningstar

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