Read and Causer talk tactical investing

Co-heads of fixed interest at Invesco Perpetual discuss the outlook for bonds and their plans for the newest addition to their fund stable

What do you do as a fixed interest fund manager if you acknowledge 2009 was one of the most extraordinary periods ever for your area of expertise, producing as it did “exceptional returns that cannot realistically be repeated?” One answer is to add another string to your bow. The Invesco Perpetual Tactical Bond fund, which was launched in January, is the most flexible of the group’s fixed interest stable. Its investment remit covers the entire range of cash, government bond and credit markets, allowing it to adapt to a wide variety of market conditions. The fund is run by Invesco Perp...