INDEX HAS BECOME 'A CONCENTRATED FOCUS FUND' WARNS INVESCO PERPETUAL'S ED BURKE
INDEX HAS BECOME 'A CONCENTRATED FOCUS FUND' WARNS INVESCO PERPETUAL'S ED BURKE Ed Burke, manager of the UK growth fund at INVESCO PERPETUAL, the UK's largest PEP and ISA provider and the second largest retail fund management group, is warning index investors to take a closer look at their investment. Burke says that, far from being a low risk investment, the FTSE All Share has become - due to the fact the 10 largest stocks now account for just over 43% of total index - an extremely concentrated fund, a profile more often associated with a growth or aggressive fund. Ed Burke explains "In