Invesco Perpetual has moved its Monthly Income Plus fund into the new £ Strategic Bond sector. Fol...
Invesco Perpetual has moved its Monthly Income Plus fund into the new £ Strategic Bond sector. Following the IMA’s recent reorganisation of the fixed income sectors, the £2bn fund had been in the £ High Yield sector. Invesco Perpetual said the Strategic Bond sector includes funds that can invest across the bond spectrum, including investment grade as well as riskier high yield bonds. By contrast, funds in the High Yield sector have to have at least 50% invested in high yield. Managers Paul Read and Paul Causer on the bond portion of the fund and Neil Woodford on the equity portion ha...
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