Asset manager Invesco warns UK firms over cash calls - Sky

LONDON (Reuters) - Asset manager Invesco has warned the boards of some of Britain's biggest companies they need a "strong rationale" to secure its support for cash calls to shore up operations hit by the coronavirus, Sky News reported on Wednesday. In a letter written to around 200 companies, the co-heads of UK equities, Mark Barnett and Martin Walker, said equity was "precious and expensive" and that companies should make use of government financing schemes first. "In these times of..