Invesco has appointed Asia Pacific fixed income CIO Ken Hu as manager of the fixed income portion of its $1.1bn Invesco Asia Balanced fund, following the departure of manager Frankie Tai.
Hu will work on the Luxembourg-domiciled fund alongside current manager Andy Wong, who has been responsible for the equity management since 2013. Tai is leaving the group for personal reasons. he will stay with Invesco for the next few weeks to ensure a smooth transition. Parks gets co-manager on Invesco Perpetual Asian fund The firm said there will be no change to the fund's objective, philosophy or process. Hu joined Invesco in April 2014 as CIO of Asia Pacific fixed income after leaving a similar post at Bank of China Hong Kong's asset management division. The fund's perfor...
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