View more on these topics

Invesco set to merge European fund duo

Invesco Perpetual is to merge its 997m European growth fund into its European equity fund following a strategic review.

Head of product development Alistair Campbell says the move is a result of the funds becoming more aligned in recent years.

European growth fund manager Stephanie Gerrard joined the firm from Aberdeen Asset Management in July 2003 and the fund is lying 64th out of 86 funds in the Investment Management Association’s Europe ex UK sector over three years.

Head of European equities Jeff Taylor, who runs the 727m European equity fund, will manage the merged fund, subject to shareholder approval.

Voting will take place on March 20, with the merged fund set to keep the European equity name.

Gerrard is understood to be focusing on running a number of European mandates for the group’s international funds.

Last year, Invesco Perpetual announced plans to launch European opportunities, emerging European and European income funds.

Recommended

Barbara Bradshaw succeeds Paddick as IIB chief

Barbara Bradshaw has been appointed as the Institute of Insurance Brokers chief executive following the death of Andrew Paddick.IIB chairman Graham Gomm says: “The board was determined that we should continue to provide the very highest level of service to, and on behalf of, our members. “During the past five years, the Institute has come […]

Rise of the machines

Head of Sustainable Investing at Royal London Asset Management, Mike Fox, looks at the case for including artificial intelligence within a sustainable investment strategy. Read the article in full here The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com