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Invesco set to boost international range

Invesco Perpetual is investigating the launch of a number of international offerings in a bid to return its international range to the forefront of its business.

Chief executive and investment officer Bob Yerbury says Invesco has discussed a number of possible launches and although nothing has been finalised, the group may add to its product range later this year.

One addition the group is looking at is a focus fund based on the closed-ended global equity share portfolio which Yerbury runs within the Invesco Perpetual select trust.

The fund works on a best ideas approach, with 40 global stocks, and is unc-onstrained.

Yerbury says the group is also discussing setting up a global equity income fund.

He says: “The international range has traditionally been the origin of the Henley business and unfortunately we have seen it fade in recent years and we would like to bring it back to the forefront of our offering again.”

Hargreaves Lansdown investment manager Ben Yearsley says: “The group already has the world income fund which has been performing well and although there are a number of strong offerings on the international side from the likes of Jupiter, JP Morgan and Newton, it is something that we would look at.”


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