Invesco looks to merge two Causer and Read income funds

Subject to shareholder approval

Kathleen Gallagher
clock • 1 min read
Invesco looks to merge two Causer and Read income funds

Invesco is proposing to merge its £29.3m High Income fund into its £52.6m Global Income fund following a review of its fund range.

Invesco is proposing to merge its £29.3m High Income fund into its £52.6m Global Income fund following a review of its fund range.  In a letter seen by International Investment's sister title Investment Week,  the group said it believes the merger is in the best interests of investors because "both funds share the same investment objective, investment process and style with a flexible allocation to bonds and equities". Invesco Global Income has also outperformed its European peer fund a...

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