Promotions In Asia Equities Team At Invesco Perpetual

Tom Burroughes

5 May 2015

has promoted two of its fund managers in the Asia team, it said yesterday.

The managers are William Lam and Tim Dickson, working under the leadership of Stuart Parks, head of Asian equities.

Lam, who has worked as a fund manager on the Asian equities team at Invesco Perpetual since 2006, will become co-fund manager of the Invesco Perpetual Asian Fund. He joins Parks, who is lead fund manager, in the management of the fund. Lam has been a named fund manager on the team’s Pacific funds since 2013, managing the Asia ex-Japan portion. He also has geographic responsibilities covering Korea and Taiwan within the team.

Dickson, who joined Invesco Perpetual in 2008, will take sole responsibility for the management of the Invesco Perpetual Asian Equity Income Fund. He has co-managed the fund alongside Parks since its launch in 2011. He specialises in Asian income investing and is responsible for covering Australia and India as well as financials within the team.

The Asia equities group has seen assets under management grow from £1.5 billion ($2.32 billion) to £11.9 billion since 2008. Both fund management changes are with effect from 30 April 2015.