Invesco Perpetual is bringing a range of multi-asset, risk-rated funds to the UK run by its Atlanta-based global asset allocation team headed by CIO Scott Wolle.
The group already runs a $12.2bn quantitative strategy for US and European clients and is now bringing this to the UK in response to clients’ demand for products that transparently manage volatility. Invesco Perpetual’s Balanced Risk 6, 8 and 10 funds, launched today, are named after the volatility level they are targeting. For example, the Invesco Perpetual Balanced Risk 8 fund will target an average volatility of 8% over a full market cycle. Craig Newman, Invesco Perpetual sales director, said: “The Balanced Risk 8 fund is a medium risk fund with slightly less volatility than the a...
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