Invesco Perpetual expands fixed interest range with EMD launch

'Increasingly important asset class'

Invesco Perpetual is launching its first onshore fixed interest fund in three years, bringing to market an emerging markets debt product.

Launched today [27 February], the Invesco Perpetual Global Emerging Markets Bond fund will be co-managed by Stuart Edwards, manager of the group's £500m Global Bond fund, and Asad Bhatti who sit within the Henley-based fixed interest team.  It will adopt the same investment philosophy as the other funds in the bond range, employing an unconstrained, flexible and diversified approach. There will be four main elements to the fund; sovereign debt, local debt, corporate debt and currencies, based on a model portfolio the managers have been running for six months. Invesco Perpetual ex...