The Financial Services Authority (FSA) has warned investors an unauthorised firm masquerading as Invesco Perpetual is attempting to sell fake funds.
The FSA issued a consumer alert on its website last week warning investors to exercise extreme caution if contacted by an entity offering to sell funds under the name Invesco Perpetual. The organisation is using the name to market an Asian Precious Metals fund and a Gold Precious Metals fund. The FSA said: "We believe that the oganisation may be targeting UK customers."
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes