InvPerp taps top stock ideas in Global Equity launch

Invesco Perpetual's Global Equity Income vehicle will comprise 75 of the best in-house offerings from the group's existing regional teams

Invesco Perpetual is combining the forces of its regional equity income teams as it plans a Global Equity Income fund launch in March. Managed by Paul Boyne, the fund will comprise around 75 stocks, deemed to be the best stock ideas from each underlying team. The group is also launching a more concentrated version of the global fund, Global Opportunities, holding an average 40 stocks. Both will sit in the IMA Global Growth sector. Boyne says: "This will be a higher-risk fund due to its more concentrated approach. I will choose the stocks I think have a higher return potential. "For ...