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Invesco Assigns CIO To Manage Global Fund As Two Depart
Natasha Taghavi
20 December 2012
UK-based Invesco Perpetual has announced its chief investment officer
Nick Mustoe will manage the firm’s Global Equity Income Fund, following the
recent departure of Paul Boyne and Doug McGraw. Mustoe, who will be supported by Invesco’s Global Equity Group, will resume
management of the Global Equity Fund with immediate effect, and will continue
to do so until the firm finds his replacement sometime in the New Year. The changes follow the decision made by the fund’s previous managers,
Boyne and McGraw, to accept an opportunity with a firm in North
America, the firm said in a statement. In other recent moves, earlier this month, Invesco confirmed the
departure of sales director Craig Newman and sales manager Simon Dale.