Invesco Perpetual expands fixed income offering with global EM bond fund

Stuart Edwards and Asad Bhatti

Invesco Perpetual has launched a global emerging market bond fund as a “natural extension” of the firm’s current offering in the asset class.

The Invesco Perpetual Global Emerging Markets Bond fund, which will be managed by fixed income managers Stuart Edwards and Asad Bhatti within the 24-strong fixed interest team, will use unconstrained active management. The new fund will complement Invesco’s range of bond funds, now comprising 29 products.

Edwards already manages the Invesco Global Bond and the Invesco Perpetual Global Bond fund, which have strategies in developing and emerging market bonds.

Invesco Perpetual co-head of fixed interest Paul Causer says: “We believe emerging market bonds are going to become an increasingly important and prominent asset class. Conversations with clients already suggest that there is greater appetite for these sorts of products and we have talented managers in Stuart and Asad who have a wealth of expertise and knowledge to bring to this new fund.”

The new fund will have minimum investment of £500 and annual charges of 0.65 per cent, 0.70 per cent or 0.95 per cent depending on the share class.

Assets under management within the fixed interest team grew from £19.2bn to £30bn over the last three years, according to the asset manager.