Invesco and Perpetual merge

By Robert Stock The 6 April merger of the Invesco and Perpetual fund range, which will consolidate ...

By Robert Stock The 6 April merger of the Invesco and Perpetual fund range, which will consolidate it to 33 funds and will see the implementation of core and growth options in the major equity markets. Until 6 April the two fund ranges will retain separate identities. Obtaining approval from unitholders means that the funds are unlikely to be physically merged until the last quarter of 2001, however on 6 April the funds will come under the management shown in the accompanying chart. In order to avoid forced selling within the portfolios the managers will then have a substantial amount ...