Invesco shifts gears with balanced fund
In a sign that guaranteed funds are losing steam, Invesco is offering an Asian balanced fund to retail investors.
Invesco has launched an Asian balanced fund for Hong Kong retail investors, a move that highlights how the funds industry is adapting to the end of the craze in capital-guaranteed mutual funds. This open-ended fund is meant to fill a gap in Invesco's current stable, as its balanced products are global, not regional, in focus.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.