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Wealth manager Invesco has decided to ditch its underperforming Global Targeted Returns fund. The firm said it took the “difficult decision” after a strategic review of the once flagship fund which has been performing poorly.
Aviva Investors is still backing absolute return despite the fate of abrdn’s once-mighty GARS and Invesco’s Global Targeted Returns fund.
Invesco is set to close its global targeted return strategy in a push to simplify its multi-asset product range.
Head of multi-asset strategies Clive Emery has left Invesco.
We crunch the numbers to look at the impact the pandemic had on global equities and bonds, while zooming in on individual funds to see who lost the most assets and who recovered.