Dickson will take sole responsibility of managing the Asian Equity Income Fund after co-managing it with lead fund manager, Stuart Parks. Dickson specialises in Asian income investing and is responsible for covering Australia and India.
Lam will join Parks in running the Invesco Perpetual Asian Fund after looking after the ex-Japan portion of its Pacific funds, and will be responsible for covering Korea and Taiwan.
Parks said both Dickson and Lam have made “significant contributions” to the success of Invesco’s Asian equities franchise, and the promotions have been made in recognition of their increasing responsibility within the Asian equities team.
The Asian fund, which was launched in 1990, has generated a total return of 928% against an Investment Association Asia ex-Japan sector average return of 712%. It has assets under management of £598m.
Launched in 2011, the Asian Equity Income Fund – which is in the same sector – has returned 32%, compared to the sector average of 28%. It now has assets under management of £31m.
