Invesco Perpetual's Barnett: The big opportunities and challenges for income investors

Appeal of non-traditional financials

Invesco Perpetual's Mark Barnett talks about the key stocks driving his funds, the appeal of non-traditional financial companies, and why he remains committed to the pharmaceuticals sector, despite selling GlaxoSmithKline last year.

Following the implementation of pensions freedoms in 2015, income products have been more in demand than ever and one of the go-to groups in this area remains Invesco Perpetual. Despite a high-profile manager change in 2014, when Neil Woodford left to set up his own firm, Invesco Perpetual has managed to retain a large chunk of those assets, which now come under the responsibility of Mark Barnett. The manager runs the largest actively-managed UK equity vehicle, the £12.6bn High Income fund, as well as the £6.5bn Income fund and a number of other vehicles. Having worked at Invesco P...