Rory Powe's Invesco GT European Growth fund has lost almost 50% in assets in less than a year, write...
Rory Powe's Invesco GT European Growth fund has lost almost 50% in assets in less than a year, writes Kira Nickerson. The fund has shrunk from £3bn to £1.86bn by the end of June 2001 as a result of underperformance. In September 2000, Investment Week wrote the fund had passed the £3bn mark and, according to recently issues figures from Lipper, as of the end of March 2001, the fund had dropped to £2bn. According to Autif, as at June the size of the fund had further fallen to £1.86bn. For the 12 months to the 25 July, the fund has fallen 51.2%, showing the loss in assets is down almost ...
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