Organizational changes at Invesco Perpetual

February 10, 2014

Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans. Sun Life Assurance Company of Canada purchases units of the funds listed below, which are established as segregated funds in accordance with the Insurance Companies Act (Canada).

Invesco Canada Ltd. (Invesco) has announced that Mark Barnett will replace Neil Woodford as Head of UK Equities for Invesco Perpetual, effective April 29, 2014. The UK Equities team is responsible for the management of the Invesco Global Small Cap Equity Fund. Mr. Woodford is also a portfolio manager on the team, but is not directly responsible for the management of the Invesco Small Cap Equity Fund; he does however manage a significant amount of assets at the firm.

We will continue to monitor updates on the Invesco Perpetual team and provide updates as necessary.


Mr. Woodford joined the company in 1988 as a fund manager within the UK Equities team and is now Invesco Perpetual’s Head of UK Equities.

Mr. Barnett is responsible for the management of a number of UK equity portfolios. He began his investment career with Mercury Asset Management in 1992. Mr. Barnett joined Invesco Perpetual in 1996, and since then, he has become one of the team’s most experienced fund managers, specializing in UK equity income investing.

Please contact your Sun Life Financial Group Retirement Services representative.