Invesco Perpetual's Boyne and McGraw exit

clock

Invesco Perpetual global equity income managers Paul Boyne (pictured) and Doug McGraw have left the group to take up new roles at a North American firm.

The pair's £300m Invesco Perpetual Global Equity Income fund will now be managed by CIO Nick Mustoe, supported by the asset manager's global equity team. Invesco said it will hire a new fund manager to the team in the New Year. "We are committed to our global equity income franchise in which we have invested significant resource over the last four years and we look forward to building on these foundations in 2013 and beyond," Mustoe said. The fund has returned 36.8% over the three years to 6 December, according to Morningstar, compared with an IMA Global Equity Income sector averag...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

Federal Reserve: End of QT likely closer than first rate cuts

Federal Reserve: End of QT likely closer than first rate cuts

FOMC March minutes

James Baxter-Derrington
clock 11 April 2024 • 2 min read
Investment Week launches Geographical Equities Conference 2024

Investment Week launches Geographical Equities Conference 2024

Allianz Global Investors, Downing, EdenTree and Royal London Asset Management among speakers

Investment Week
clock 15 January 2024 • 2 min read
Moody's downgrades China sovereign credit outlook to negative

Moody's downgrades China sovereign credit outlook to negative

Retains A1 rating

Elliot Gulliver-Needham
clock 05 December 2023 • 2 min read
Trustpilot