Invesco Perpetual announced new investment responsibilities for Matthew Perowne within its European equities team. Effective 31 March 2017, Matthew will become co-manager of the Invesco Perpetual European smaller companies fund, working alongside lead manager Adrian Bignell on the management of the fund.
Matthew has worked closely with Adrian over the course of the last two years, and was made co-manager, with Adrian, of the Invesco Perpetual European opportunities fund in December 2015. Since then the pair have enjoyed a close working partnership managing the fund, with Matthew benefitting from having increasing exposure to selecting stocks across the market cap range.
Matthew joined Invesco Perpetual as a trainee analyst within its European equities team in 2010, before taking on fund management responsibilities in 2014.
Jeff Taylor, head of European equities at Invesco Perpetual said, “Adrian and Matthew have a proven working relationship and this move looks to build on their effective collaboration, as well as being part of Matthew’s overall natural career progression. Matthew is a talented stock picker and he and Adrian have produced strong results for our clients. Matthew has a thorough knowledge of European stocks across the market cap range which should benefit the European smaller companies fund.”
The investment process for the fund will not change, however the addition of Matthew is expected to broaden the range of investment ideas. Adrian Bignell remains lead manager.