Invesco Perpetual Income and High Income - Under Review

FUND RESEARCH UPDATE: Fund ratings maintained at Under Review

Ruli Viljoen 7 March, 2014 | 3:47PM
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Following the announcement that Mark Barnett has taken over the Invesco Perpetual Income and Invesco Perpetual High Income funds from Neil Woodford with immediate effect, we are maintaining both funds’ Morningstar OBSR Analyst Ratings™ Under Review. The funds’ Morningstar OBSR Analyst Ratings of Gold were initially put Under Review on October 15th 2013 when Invesco announced that Neil Woodford would be leaving the firm and handing over the management of his funds to Mark Barnett on April 29th 2014. The fact that Invesco has brought forward their timescale will bring clarity sooner, both for investors and also for Mr Barnett as the manager. He can now start to transition the funds as he sees fit and we will meet with him in the coming months to review the situation and assess his plans for the funds.

See the latest Morningstar OBSR fund rating news here.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Invesco UK Eq High Inc UK Inc327.90 GBP-0.14Rating
Invesco UK Equity Inc UK Inc1,285.16 GBP-0.31Rating

About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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