Invesco loses Woodford

Oct 21, 2013 •

Invesco fund manager Neil Woodford announces resignation after 25 years with the firm.

Invesco has announced that fund manager Neil Woodford, the largest British fund manager with £33bn under management, will be leaving the firm in six months’ time after 25 years with the company.

The move has surprised investors in the firm, which maintains several sizeable positions in UK tech transfer. Invesco is the largest shareholder in Imperial College London’s tech transfer unit Imperial Innovations and Newcastle spin-out e-Therapeutics, amongst other investments. It also recently contributed to the £50m Cambridge Innovation Capital…

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