Invesco launches offshore Lat Am fund

Invesco has launched an offshore version of the Invesco Perpetual Latin American fund, managed by Dean Newman.

The Invesco Latin American Equity fund is expected to have a similar asset allocation to Newman’s existing £353m onshore fund, which launched in 1994.

According to Trustnet, over five years the onshore fund has delivered a return of 168.8%, versus a return of 128.2% for the MSCI EM Latin America index.