Invesco European Equity Income Fund (UK) Y (Acc)

While portfolio managers at Invesco are ultimately responsible for their portfolios and mandates, their research approach is highly collegiate and focuses on sharing ideas and materials.

“We’re all very much tied into one another in the way that we run money, not just as a team but also with other teams across the piece, with the fixed income guys and the global guys, so that valuation focus is a uniting philosophy,” says Stephanie Butcher, who manages the Invesco European Equity Income. Indeed the collective experience of the manager and her team is an invaluable starting point for the investment process, and idea generation more broadly. She and her team members will typically conduct over 400 company meetings each year and while the meetings themselves may not result in an investment in a given company, they often provide interesting insights into suppliers or competitors not previously considered. Butcher and her team use screening tools to filter stocks which look attractive from a valuation perspective and which may warrant further investigation.