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Invesco Perpetual Glbl Financial Cap Acc

Ranked 6 out of 116 in - Conservative GBP 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.

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

Conservative GBP over : 28/02/2016 - 28/02/2017
  • Rank 6/116 Total Return
  • Rank 116/116 Standard Deviation
  • Rank 116/116 Max Drawdown

Total Return

Quarterly Performance

to 01/01/2017 Annual Q1 Q2 Q3 Q4
2016 4.7% -4.9% -4.1% 3.5% 10.9%
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

Asset Allocation

Breakdown

31/12/2016

Top 10 Holdings

Stock Size
GBP Forward Contract 54.98
GBP Cash 2.92
Deutsche Bank AG PERP 2.83
Lloyds Bank PLC PERP 2.76
Piraeus Bank SA ORD 2.43
Barclays PLC ORD 2.16
UBS Group AG PERP 2.09
UniCredit SpA PERP 2.03
Royal Bank of Scotland Group PLC PERP 2.03
Virgin Money Holdings (UK) PLC PERP 2.02
31/12/2016

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date25/01/2012
  • Share Class size69Mn
  • 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).