Peter Lovell was named lead manager of the INVESCO Balanced Fund; the $900 million fund offers institutional shares. Mr. Lovell has been on the Balanced Fund management team for the past two years under co-lead managers Charles Mayer and Jerry Paul. Mr. Mayer, who runs the INVESCO Equity Income Fund, and Mr. Paul, who runs the INVESCO High Yield Fund, will remain as co-portfolio managers on the Balanced Fund. INVESCO spokeswoman Suzanne Smith said Mr. Lovells promotion frees up the previous lead managers to concentrate on their other funds.
Peter Lovell was named lead manager of the INVESCO Balanced Fund; the...
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