View more on these topics

Invesco manager Ho quits firm

Invesco fund manager Samantha Ho has left the firm.

Ho was lead manager of the group’s £175m Hong Kong and China fund as well as lead manager on the £896m Invesco PRC equity fund.

Ho, who worked at Invesco’s Hong Kong arm, has been replaced on the Hong Kong and China fund by Mike Shiao, who has headed the offshore £450m greater China equity fund since January 2008. He will be supported by Lorraine Kuo, his co-manager on the offshore fund. Kuo joined Invesco in September 2011.

Joseph Tang, previously co-manager of the Invesco PRC equity fund, has taken over as lead manager on the fund.

A letter sent by Invesco to investors says: “Shiao and Kuo are very well qualified and we are confident they will continue to successfully apply our fundamental research-based, mainly bottom-up approach focusing on management/franchise value, earnings growth and valuation into the Invesco Perpetual Hong Kong & China fund.”

Bestinvest senior investment adviser Adrian Lowcock says he is concerned about the transition. He says: “Ho has a good track record on the Hong Kong & China fund and Invesco have a lot of expertise in the Asia area and the managers have experence of running money there.”


Tisa covenants debate: Fisher says some advisers do not realise legal commitments

Wherever there is an intangible service, such as financial services and the legal or consulting profession, there is a much higher propensity of restrictive employment covenants. These are designed to protect employees, employers and clients and they are universally present in all such service industries. A significant point is that employees and employers should always […]

Tories slam Osborne over claims Euro problems are “killing” recovery

Tory backbenchers have attacked Chancellor George Osborne’s economic policy and rejected his claims that problems in Europe are “killing” economic recovery in the UK. Writing in the Sunday Telegraph, Osborne said recovery in the UK is already struggling because of high oil prices and debt “left behind by the boom years”, adding that it is […]

Fixed rates could be cut as swaps fall

Fixed-rate mortgages could become cheaper if swap rates continue to fall, despite recent predictions the eurozone crisis will lead to rate rises, according to John Charcol. Traditionally, the biggest influence on fixed-rate pricing has been swap rates while tracker mortgages have largely been influenced by Libor, the rate at which banks lend to each other. […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm