Invesco Income Growth Trust Plc - Update re combination with IVP
PR Newswire
Update re combination with Invesco Perpetual Select Trust plc ( IVP )
In the announcement made on 1 December 2020 in respect of the proposed combination of IVI with the UK Equity share class of IVP (the Transaction ), it was proposed that Ciaran Mallon, the current portfolio manager of IVI would be appointed to manage IVP s UK Equity Portfolio ( IVPU ) following completion of the Transaction.
However, subsequent to the announcement, the Boards of IVP and IVI invited Invesco to consider the appointment of James Goldstone, the current manager of IVPU, alongside Ciaran Mallon as joint managers of the enlarged UK Equity portfolio. Ciaran and James have jointly managed Invesco s largest UK Equity UCITS funds since May 2020, and have started to build an encouraging performance record.
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