Invesco Perpetual bond upgraded to AAA

group's corporate bond fund, managed by paul causer and paul read, joins sterling bond and gt gilt funds in elite band of fixed interest sector

The Invesco Perpetual Corporate Bond fund has been upgraded to an AAA rating by Standard & Poor's. This means three of the five S&P AAA-rated UK fixed interest sector funds are now run by the Henley-based fund managers. Invesco's Sterling Bond and GT Gilt funds retained their top rating, along with Fidelity's Moneybuilder Income and the New Star Sterling Bond unit trust. The £812m Invesco Perpetual Corporate Bond fund, managed by Paul Causer and Paul Read, is the top performer in the IMA UK Corporate Bond sector over both three and five years and is second over the 12 months to 30 August...