Invesco Perpetual to launch European High Income fund

Invesco Perpetual is launching a European High Income fund for its fixed income heads Paul Causer and...

Invesco Perpetual is launching a European High Income fund for its fixed income heads Paul Causer and Paul Read, and European equity income manager Katharina Hoyland. The fund will aim for income and capital growth through investing in a mix of continental European equities and bonds. Hoyland will manage the equity part of the portfolio while Read and Causer will manage the fixed income. The planned launch date is 1 May. The fund will sit in the Cautious Managed sector, meaning it can have up to 60% in equities. It will focus on total return, unconstrained by a benchmark, with a target...