This manager sticks with the winners

With an average holding period of 13 years, Jeff Hyrich’s fund at Invesco proves that patience pays off

Jade Hemeon 25 July, 2019 | 1:25AM

Redwood forest

Jeff Hyrich, vice president and portfolio manager at Toronto-based Invesco Canada Ltd., is a patient professional investor who likes to develop long-term relationships with a limited number of stocks.

As the lead manager of four-star Invesco Global Endeavour Fund, his long-term commitments to superior companies have resulted in a lengthy average holding period of 13 years.  During the last two years, fund turnover has been a mere 8%.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Facebook Inc A248.15 USD-1.73
Ross Stores Inc90.42 USD-2.00

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Jade Hemeon  

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