Revealed: Invesco Perpetual's multi-asset plans for ex-GARS team

The trio, who worked on the GARS team at SLI, joined Invesco Perpetual in March and have run a model portfolio version of the new Global Targeted Returns fund since then. Aiming to return 3-month LIBOR +5% per annum on a rolling three-year basis, with less than half the volatility of global equities, the fund seeks to "dispense with asset class labels". Instead, the team will implement its best cross-asset class ideas through investing in both a selection of Invesco Perpetual funds and derivative-based strategies. Fund composition At launch, the vehicle is composed of 22 investme...