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Invesco makes senior hire in Asia

The global investment management firm has appointed a senior executive from Harvest Fund Management Group for its Asia-Pacific operations.  

Invesco, the Atlanta-headquartered global investment management firm, has hired Lindsay Wright as regional head of institutional, alternatives and investment solutions business for Asia-Pacific.

PERE understands that Wright was brought on board in February 2015.

In her current role, Wright has been given the responsibility of developing the firm’s regional institutional business, working in partnership with its business heads. She will also provide strategic leadership to enhance Invesco’s position in the alternatives and investment solutions business in the region, the firm said in a statement. She will be reporting to Andrew Lo, the head of the firm’s Asia-Pacific operations.

Invesco declined to provide details of the appointment. The Asian Investor, however, has reported that this is a newly-created leadership role in the region.

Wright comes with more than 28 years of experience in the financial services industry. Previously, she was the chief executive officer of Harvest Alternatives Investment Group and a co-chief executive officer of Harvest Capital Management, one of its divisions.

She played a key role in the creation of Harvest Real Estate Investments, the joint venture investment management platform formed three years ago by asset managers Grosvenor Fund Management and Harvest Fund Management.

In April last year, the venture, which was formed to make investments in China, announced that it would no longer invest in the country, and would instead advise Chinese institutions on overseas investments.

Wright has also held a number of senior executive positions at Deutsche Bank and Deutsche Asset Management Group, where she spent 24 years.

As of December 31, 2014, Invesco had $792.4 billion in assets under management globally, with $58.3 billion invested in Asia.