Invesco UK Equity Income Class Y - Accumulation (GBP)
Our view on this Fund
This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Ciaran Mallon and James Goldstone took over as co-managers of this fund in May 2020, after Mark Barnett stepped down as manager and left Invesco. Goldstone joined Invesco's UK Equities team in 2012 and has run UK equity funds since 2016. Mallon joined Invesco in 2005 and has since run a number of UK equity funds, including the Invesco Income & Growth Fund.
The managers use a slightly different investment approach than the previous manager. This means the way the fund is invested will change over time. We have known Mallon for some time and we view him as a sensible fund manager. He has a less aggressive approach to investing and his funds aren't typically biased too heavily towards one particular style of stock. That said, the managers will continue to aim to achieve income and growth over the long term.
There are lots of talented fund managers investing in the UK for income and we currently think there are funds that offer more potential. These are listed on the Wealth 50.