UK-based Invesco Perpetual has hired Simon Clinch as US equity fund manager within the firm's global equity team in Henley, reporting to head of US equities Simon Laing. 

The appointment will further develop the firm’s global and US equity franchises, chief investment officer Nick Mustoe said in a statement.  

Prior to joining Invesco, Clinch was an investment manager at J Rothschild Capital Management. 

In other recent news, last week the firm launched the Invesco Perpetual Balanced Risk 6, 8 and 10 funds to provide long-term "equity-like" returns with reduced volatility, under the management of the Atlanta-based global asset allocation team.