Invesco Perpetual merges European Growth into European Equity

Invesco Perpetual is planning to merge its European Growth fund into the European Equity vehicle on 2...

Invesco Perpetual is planning to merge its European Growth fund into the European Equity vehicle on 20 March, subject to shareholder approval. It will keep the European Equity name, and will continue to be managed by head of European equities Jeff Taylor, who has run it since 2001. The decision to merge the funds, and launch the three newest offerings – European Opportunities, Emerging European and European Income - was made following a strategic review of the Europe desk, the group said. The two vehicles have become more aligned in recent years, said Alistair Campbell, head of product...