Bestinvest says
This is Invesco Perpetual's core European offering, investing predominantly in large and mid cap stocks. Though manager Jeffrey Taylor has added some value over his tenure, we have higher conviction in other managers in the IMA Europe ex UK sector. Therefore we suggest investors consider our other rated funds including Schroder European Alpha Plus, Threadneedle European Select or Blackrock European Dynamic.
The research process emphasises internal proprietary research at the individual company level whereby the manager believes meeting company management is the most important part of the information gathering process. Within this context the aim is to select companies with winning business models, market leaders, companies with a degree of pricing power and good management teams. However, companies with restructuring potential are often on the investment radar. Selected external research is also utilised in order to identify potential opportunities.