Craig Newman,former head of sales at Invesco Perpetual has joined London-based Oakley Capital Management as head of retail, the same firm that Neil Woodford is joining when he leaves Invesco in May.
Mr Newman left Invesco in December 2012.
Earlier this month, Mr Woodford announced he is to team up with Oakley Capital on 1 May after 25 years at Invesco Perpetual. The star equity income manager announced his departure from Invesco in October.
A statement from Oakley Capital said the company would “provide the infrastructure to allow Neil to manage retail and institutional clients’ money immediately after his employment with Invesco terminates”.