Invesco Perpetual launches Global Distribution fund for Causer and Read

Invesco Perpetual has launched a Global Distribution fund for co-heads of fixed interest Paul Causer and Paul Read (pictured).

The new fund, which launched yesterday, will also be co-managed by members of the Global Equity Income group, led by Nick Mustoe. The vehicle will sit in the IMA Mixed Investment 20%-60% shares sector and will invest in fixed income and global equities, seeking to achieve income and capital growth. Causer and Read, who have been managing funds together for 19 years, will be the lead managers , focusing on the fixed interest component, as well as managing the weighting between bonds and equities. The managers will have the flexibility to change the asset allocation weighting to reac...