INVESCO WINS 20 MILLION US DOLLAR MANDATE FOR HANSARD
INVESCO, part of AMVESCAP PLC, one of the world’s largest investment management organisations, today announces that it has won a US$ 20 million mandate for Hansard International Limited and Hansard Europe Limited, within the Hansard International Bond Fund and Hansard South East Asia Fund.
Hansard, one of INVESCO’s longstanding key clients, has transferred assets of US$ 20 million into two of INVESCO’s flagship funds, the INVESCO GT Bond Fund and the INVESCO GT Asian Equity Core Fund.
The Hansard International Bond and South East Asia Funds are available via the products offered by Hansard International Limited and Hansard Europe Limited through independent financial advisors.
Nick Tolchard, Sales Director of INVESCO’s International Development Division, commented on the win saying: “We are delighted to win this business. Hansard’s award-winning Internet distribution and e-commerce capabilities are currently leading the market and we are pleased that investors will have access to two of our flagship funds in this way.”
Joe Kanarek, Chairman, Hansard Development Services Limited explained: “The appointment of Invesco is consistent with the Hansard proposition of providing clients with access to the best external managers and funds. Hansard has a long standing and successful relationship with Invesco and we look forward to developing this further.”
The INVESCO GT Bond Fund is managed by Mark Dowding and aims to achieve long-term returns through investment in fixed interest and floating rate securities while maintaining a high income yield. The INVESCO Asian Equity Core Fund is managed by Stuart Parks and aims to achieve capital growth in the Asia Pacific region excluding Japan, New Zealand and Australia.
For further information please contact Paul Harwood, Managing Director, Hansard Administration Services Limited (+44 1624 688047 or firstname.lastname@example.org)