Following a recent Morningstar Analyst Ratings Meeting, we have initiated coverage of the Invesco Perpetual UK Strategic Income fund with a Morningstar Analyst Rating™ of Bronze. Mark Barnett has managed this fund since January 2006. We have a positive view of Barnett, bolstered by his strong track managing this fund and the Perpetual Growth and Income investment trust which he has run since 1996. Barnett mixes a high-level macro overview with bottom-up stock-picking, has a long term focus and a contrarian style. We have now seen evidence of his ability to cope with the considerable increase in assets under his management after he took on Neil Woodford's former funds, and he has the support of a re-built UK team.
See the latest Morningstar fund rating news here.
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