Invesco has unveiled its senior debt fund to local institutional investors.
The fund is managed by its US-based team and invests in bank loans, predominantly from the US and European markets.
"The fund will take advantage of the pricing dislocations in the market. It will be investing part of the credit spectrum that includes the senior debt in company balance sheets," Invesco chief executive Mick O'Brien said.
As the assets are secured, the securities are highly secure with minimum risk of default, O'Brien said.
The firm has also re-established its 130/30 Australian equities fund after ASIC lifted its ban on short selling.
The fund will be led by portfolio manager Arthur Roumeliotis and will be supported by Invesco's global quantitative team, O'Brien said.
Invesco recently appointed Patricia Newby as a senior institutional business development manager.
With over 18 years experience in the industry, Newby will lead Invesco's efforts to increase its presence in the institutional market.
"The last quarter was very good for us. We managed to secure a number of mandates in our global REIT (real estate investment trust) fund and fixed income fund. We hope to continue to grow our institutional business," O'Brien said.
