Invesco Perpetual

From Powerbase
Revision as of 01:57, 4 November 2015 by Melissa Jones (talk | contribs)
Jump to: navigation, search

The fund management company Invesco Perpetual was founded by Sir Martyn Arbib, one of the UK's wealthiest financiers and a major donor to the Conservative Party.

Arbib sold the company in 2001 for more than £1 billion, receiving £113 million in cash and shares worth an estimated £300 million.

Nuclear investments

In 2008 British Energy's biggest investor, Invesco Perpetual called for the nuclear power generator to merge with British Gas owner Centrica.[1] The proposal was confirmed in a Times article which also reported how the British 'Government wants the use the sale of British Energy ... as an opportunity to kickstart the construction of a new generation of nuclear power stations'.[2]

People

Former employees

  • Andrea Leadsom, who went on to become a Conservative MP in 2010, economic secretary in 2014, then energy minister in 2015

Lobbying firms

  • Cicero held the account for a number of years

Resources

Notes

  1. BBC News ' BE backer 'proposes Centrica tie' 24th August 2008. Accessed 26 August 2008
  2. Pagnamenta, R. & Kennedy, S. (2008) 'Centrica issues British Energy statement'. 8 August 2008. Accessed 26 August 2008