Invesco Perpetual’s William Lam is assuming full control of the £949m Invesco Perpetual Asian fund as head of Asian equities Stuart Parks steps down as co-manager.
Lam has been a fund manager on Invesco’s Asian equities team since 2006 and became co-manager of the Asian fund in 2015. Lam’s promotion to sole manager of the fund is in recognition of the “valuable contribution” he has made over the past decade, the firm says.
Parks says: “William is an experienced and talented fund manager who has made a significant contribution to the success of our Asian equities franchise.
“The decision for William to become the sole manager of the Asian fund is the natural next step in his career progression and is in recognition of the important role he has played in delivering outperformance for our clients and helping grow the assets of the franchise overall.”