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INVESCO Perpetual Global Bond - Downgraded

By JANE KOTCHKINA 31/03/2010

INVESCO Perpetual Global Bond - Downgraded by Jane Kotchkina

Paul Causer and Paul Reed recently handed over the management of INVESCO Perpetual Global Bond fund to Michael Matthews and Stuart Edwards. Matthews is the named manager on the INVESCO Sterling Bond offshore fund, which holds a Bestinvest rating of three stars, and has been co-manager on the Global Bond fund behind Causer and Reed since 2006; he has been with INVESCO Perpetual for 15 years. Stuart Edwards is a sovereign debt and currency specialist at INVESCO’s fixed income team, and has worked at the company since 2006.

We have reduced our rating for INVESCO Perpetual Global bond fund to bring it in line with the rating of INVESCO Sterling Bond (offshore) fund.

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