A 24-minute listen. 

The tenth guest in our remote investment podcast series is Ben Gutteridge, director of model portfolio services at Invesco, who talks to us about his “thirst for liquidity” and poor fund manager communication.

Ben only recently joined Invesco, and he tells me about the new service and why it differs from others already out there.

He also talks about his desire not to repeat the “unnecessary friction” in processes made by some fund groups when communicating with advisers and clients.

He explains: “I received a factsheet in early April for a fund dated at the end of February. It was already a month old, which seems lethargic in pace. In the current climate, that update is totally redundant given how markets have moved on”.

While some bargain hunters are currently seeing opportunities in investment grade credit and high-yield debt (the US Fed has paved the way to buy high-yield ETFs), Ben is still keen to talk up the role that long-dated government bonds can play within portfolios.

“In our core view credit has standout appeal in fixed interest, but we would never lose sight of the diversifying role that sovereign bonds and duration can play in a portfolio,” he remarks.