Causer and Read hand over five funds

Invesco Perpetual joint heads of fixed income Paul Read and Paul Causer have handed over five of their portfolios.

Stuart Edwards and Michael Matthews will take over the Invesco Perpetual Global Bond, Fixed Interest Pension and Money funds, as well as the Invesco Global Bond and Sterling Reserve vehicles from 31 March 2010. The funds will see no change to their remit or investment style. Causer and Read will continue to manage their £5.8bn Corporate Bond fund and the £2.8bn Monthly Income Plus mandate as well as the recently launched Tactical Bond fund. Edwards joined the Invesco Perpetual fixed income team in January 2006 as a macro strategist, and has since been responsible for the management of...