Invesco Perpetual has launched a new unconstrained bond fund for highly-regarded duo Paul Causer and Paul Read, which focuses on total returns rather than an income target.
The Invesco Perpetual Tactical Bond fund, the most flexible of the group's fixed interest range, will utilise the entire fixed income spectrum to help deliver returns in a variety of market conditions. Invesco Perpetual says the Tactical Bond fund's unique go-anywhere approach, combined with the total return objective, differentiates the product from its IMA £ Strategic Bond sector peers. Causer and Read already run a fund in the strategic bond sector, the £2.8bn Invesco Perpetual Monthly Income Plus vehicle. However, this product is run with an income target and also utilises equity ...
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