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Invesco Perpetual Glbl Financial Cap Acc

Ranked 110 out of 122 in - Global over 12 months
All calculations are in GBP unless stated

Managed by

Paul Causer

Based in Henley-on-Thames, Paul Causer co-leads Invesco Perpetual’s Fixed Interest team with Paul Read, managing a number of government, corporate and non- investment grade portfolios. Paul began his investment career in 1983 in research and credit analysis with Asahi Bank, the large Japanese commercial bank. He then moved to the bank's treasury department and traded securities and derivative instruments until 1990 when he was given responsibility for managing the bank's multi-currency investment portfolio before joining Invesco Perpetual in 1994. Paul holds a BSc in Economics from the London School of Economics.

Julien Eberhardt

Julien Eberhardt is a credit analyst and fixed interest fund manager at Invesco Perpetual based in Henley-on-Thames. He manages the Invesco Perpetual Global Financial Capital Fund dealing in bonds, using active, pragmatic and flexible strategies. Before joining Invesco, he was a credit analyst at Moodys from 2005. Julien is a CFA Charterholder and graduated from the University of Montpellier with an MA in Finance.

Paul Read

Based in Henley-on-Thames, Paul Read co-leads Invesco Perpetual’s Fixed Interest team with Paul Causer, managing a number of government, corporate and non- investment grade portfolios across the maturity spectrum. Paul began his investment career with UBS (Securities) Ltd in 1986, and then moved to Merrill Lynch International in 1988. Paul initially worked on the bond sales desk, covering institutional investment managers at Merrill Lynch, before moving on to debt trading and working as a director of fixed interest trading in Tokyo from 1991 and in Paris from 1993 before joining Invesco Perpetual in 1995. He holds a BA in Economics and History from the University of Toronto and also has an MBA from INSEAD.

Objective

The fund aims to achieve a combination of income and capital growth over the medium to long term. The Fund seeks to achieve its objective by investing primarily in capital instruments issued by banks and financial institutions globally. Capital instruments include debt securities (including sub-investment grade and unrated bonds), equity and equity related securities. The Fund may also invest in cash, cash equivalents, money market instruments, collective investment schemes, government debt securities and other transferable securities.

Showing fund performance in United Kingdom View performance globally

Performance

Global over : 31/03/2015 - 31/03/2016
  • Rank 110/122 Total Return
  • Rank 100/122 Standard Deviation
  • Rank 110/122 Max Drawdown
Fund Name Currency Return
108 Legg Mason IF Western Asst Glo MultiStrat Bd A Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.6%

109 PFS TwentyFour Monument Bond A Acc GBP

-3.8%

110 Invesco Perpetual Glbl Financial Cap Acc GBP

-3.8%

111 Templeton Global Total Return A (Mdis) GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.1%

111 Old Mutual Global Strategic Bond GBP R Hgd Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.1%

Fund Name Currency Risk
98 Russell Global Bond I Income

Currency exposure is hedged

Currency exposure is hedged

GBP

8.3

99 Invesco Bond C Acc GBP GBP

8.4

100 Invesco Perpetual Glbl Financial Cap Acc GBP

8.6

101 Omnis Global Bond A GBP

8.7

102 HSBC GIF Global Bond AC GBP GBP

8.7

Fund Name Currency Loss
108 Baring International Bond A GBP Inc GBP

-8.5%

109 Legg Mason WA Global Multi Strat Pr Dis M H GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-8.7%

110 Invesco Perpetual Glbl Financial Cap Acc GBP

-8.7%

111 Legg Mason Brandywine GlOpp FxdInc X GBP Dis M Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

-8.8%

112 BNY Mellon Global Bond C GBP Inc GBP

-8.9%

Total Return

Quarterly Performance

to 31/03/2016 Annual Q1 Q2 Q3 Q4
2016 -4.9%
2015 4.6% 3.4% 0.1% -1.7% 2.7%
2014 6.8% 2.7% 2.6% -0.5% 1.9%
2013 17.6% 5.7% -0.1% 6.3% 4.8%
2012 -2.2% 12.5% 10.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date25/01/2012
  • Share Class size129Mn
  • Base currencyGBP
  • ISIN GB00B42XRV41

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment20

Charges

  • Initial investment5

Related News

Causer and Read get financials fund co-manager

Invesco Perpetual has promoted Julien Eberhardt to deputy manager of its star Global Financial Capital fund.

Paul Causer: the best value and biggest risks in fixed income

The focus may be on unsustainably low sovereign debt yields, but Invesco Perpetual’s co-head of fixed interest Paul Causer has warned that high yield is overvalued and investors in ‘cocos’ are at significant risk of losing capital.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).