Invesco Perpetual promotes trio of co-managers on Causer and Read funds

Growing team and AUM

Invesco Perpetual's co-heads of fixed interest Paul Causer and Paul Read are handing full management of a number of funds to co-managers Michael Matthews, Thomas Moore and Julien Eberhardt, as the group's AUM in bond strategies tops £30bn.

The reshuffle will see Read no longer be named manager on a trio of funds, while Causer is handing his management responsibilities over on one fund. From 31 December 2016, Read will no longer be named manager on the £5.1bn Corporate Bond fund, passing full management to Causer and Michael Matthews who were already his co-managers on the vehicle, and the £133m High Yield fund, which is to be co-run by Causer and Thomas Moore. Asad Bhatti, previous co-manager on the latter fund, will no longer be named manager as he specialises in emerging market corporate and sovereign debt. Causer:...