Q&A: Invesco Perpetual's Trevers on RDR, markets and Woodford

DISTRIBUTION

Invesco Perpetual head of distribution Ian Trevers talks to Katrina Lloyd about the group's post-RDR strategy, how to navigate difficult markets and the thorny issue of Neil Woodford's succession plans.

How have fund flows at Invesco Perpetual held up during the recent market volatility? In the UK, our fund flows have remained remarkably strong. Some of the market gyrations have happened so fast a lot of clients thought: “we have to sit it out”. When financial news becomes front page news it is very difficult for the end clients. For advisers and ourselves it is a real challenge to focus on the things that matter. We pick a few themes and avoid the reactionary stuff. That has been borne out by what we have seen in terms of investor behaviour. We have not seen upticks in redemptions...