Invesco fined £18.6m for risk level

Press Association
Updated
PA
PA

%VIRTUAL-SkimlinksPromo%One of the UK's biggest fund managers has been fined £18.6 million after it exposed investors to more risk than they expected.

The Financial Conduct Authority (FCA) handed the fine to Invesco Perpetual, based in Henley-on-Thames, due to failings in its handling of risk.

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