Invesco Perpetual combines EMs and Asian equities team ahead of Parks' and Newman's retirement

Joining up over £13.8bn of assets

Invesco Perpetual has merged its emerging market and Asian equities teams under the co-leadership of William Lam and Ian Hargreaves, ahead of the retirement of previous team heads Stuart Parks and Dean Newman next year.

Amid an ongoing succession plan, the £13.2bn Asian equities franchise has combined with the £693.2m emerging markets equity business to form the Asian & emerging markets equities team after working closely together in previous years and sharing a common investment approach and philosophy. Lam and Hargreaves took over their new roles as head of Asian & emerging markets equities on 1 September 2018. Invesco to phase out Perpetual and PowerShares names in global rebrand The group said Lam has worked closely with Parks as a fund manager on the Asian equities team since 2006, when he jo...