External Investment Managers

Lion Global Investors, a member of the Oversea-Chinese Banking Corporation Limited (OCBC) Group, is one of the largest asset management companies in Southeast Asia, with group assets under management of S$70.7 billion (US$52.4 billion) as at 31 December 2021.

Established since 1986, we are uniquely positioned to provide Asian equities and fixed income strategies and funds to both institutional and retail investors.

Clients are served by one of the largest and most experienced investment teams in Asia dedicated to asset management. A strong team of more than 40 fund managers and analysts averaging over 17 years of financial industry experience, with more than half of the members holding the Chartered Financial Analyst (CFA) designation, provides the scale, worldwide coverage and information edge to act in clients’ best interests.


Headquartered in Singapore, we enjoy the advantage of seamless and coordinated access to all management, investment, support and operational functions in a centralised approach, providing efficiency in servicing our clients worldwide.

Lion Global Investors’ asian credentials are firmly established by its membership of the Oversea-Chinese Banking Corporation Limited (OCBC) Group. Lion Global Investors is 70% owned by Great Eastern Holdings Limited, a subsidiary of OCBC Bank, and 30% owned by Orient Holdings Private Limited, a wholly-owned subsidiary of OCBC Bank.

OCBC Bank, established in 1932, is now the second-largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore and the Asia Pacific by The Asian Banker.

Fullerton Fund Management Company Ltd (“Fullerton”) is an Asia-based investment specialist with assets under management of USD 43.3 billion as at 31 December 2021.

At Fullerton, we are focused on optimising investment outcomes and enhancing investor experience. We help clients, including government entities, sovereign wealth funds, pension plans, insurance companies, private wealth and retail, from the region and beyond, to achieve their investment objectives through our suite of solutions. Our expertise encompasses equities, fixed income, multi-asset, alternatives and treasury management, across public and private markets. As an active manager, we place strong emphasis on performance, risk management and investment insights.


Incorporated in 2003, Fullerton is headquartered in Singapore, and has associated offices in Shanghai, London, and Brunei. Fullerton is part of a multi-asset management group, Seviora, a holding company established by Temasek. NTUC Income, a leading Singapore insurer, is a minority shareholder of Fullerton.

As at 30 November 2022, Fullerton is not engaged in any material litigation and arbitration, including those pending or threatened, and is not aware of any facts likely to give rise to any proceedings which might materially affect its business/financial position.

Opus Asset Management Sdn Bhd (OpusAM) is a fund management company licensed by the Securities Commission Malaysia under the Capital Markets and Services Act 2007 to conduct fund management services and to deal in securities restricted to unit trusts. OpusAM is dedicated and specialised in fixed income investment, with current assets under management of around RM7 billion as at 31st December 2021.

The principal officers are also major shareholders to ensure continuity in the disciplined investment process and consistency in performance. They have extensive experience in managing regional and local investments in various asset classes including fixed income, equities, properties, and private equities. In Malaysia, OpusAM has a wide market network and strives to achieve a strong market presence in the fixed income market.


OpusAM’s clients include insurance companies, statutory bodies, state governments, government-linked companies, foundations, co-operatives, private banking institutions, universities, hospitals, individuals and family trusts.

OpusAM is responsible for managing TA Dana Afif in accordance with the investment objective of the Fund. OpusAM has discretionary authority over the investment of the Fund subject to the guidelines, the relevant securities laws, the internal procedures as well as the investment objective of the Fund and the direction of the Investment Committee of the Fund.

Invesco Ltd. (“Invesco”) is a leading independent global investment management firm, dedicated to helping investors achieve their financial objectives. By delivering the combined power of distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our clients. Invesco is one of the most experienced global investment managers in Asia, having invested in the region since 1962. Today, Invesco maintains comprehensive coverage in the Asia Pacific region, with offices in Hong Kong, mainland China, Singapore, Japan, Taiwan, Australia, Korea and India. Invesco’s regional presence covers investment capabilities in domestic and specialist Asian products, available to local investors as well as investors worldwide. We are privileged to manage $1,6 billion in assets on behalf of clients worldwide as of Dec 31 2021.

Invesco Asset Management Limited (IAML) has been appointed as the external investment manager for TA Asia High Conviction Mandate.

IAML is an indirect, wholly owned subsidiary of Invesco Ltd. (Invesco). The principal activity of IAML is the provision of investment management services on both a discretionary and non-discretionary basis to pension and profit sharing plans, educational institutions, investment companies, insurance companies, individuals and holding companies. IAML also acts as investment advisor for a number of mutual funds on a sub-advised basis.

Invesco is a leading independent global investment management firm, dedicated to helping investors achieve their financial objectives. Invesco offers a wide range of single-country, regional and global capabilities across major equity, fixed-income and alternative asset classes, delivered through a diverse set of investment vehicles. The firm is entrusted to manage over USD1.3 trillion of client assets as at 30 September 2022.

Invesco has a strong and growing presence in Asia-Pacific, with 13 offices in 8 markets (Hong Kong, Mainland China, Singapore, Japan, Taiwan, Australia, Korea and India). With 50 years of experience investing in the region since 1962, Invesco is able to draw on our domestic investment capabilities to provide solutions designed to deliver key outcomes aligned to local and global investors.

The designated fund managers are Ian Hargreaves and William Lam. Their profiles are as set out below:


Ian Hargreaves (Co-Fund Manager for TA Asia High Conviction Mandate)
Co-Head of Asian and Emerging Markets Equities

Ian is Co-Head of the Asian & Emerging Markets Equity team. He manages a number of Asian equity portfolios including the Invesco Asian Equity Fund and co-manages the Invesco Asia Trust plc. He is also co-manager of the Invesco Global Emerging Markets Fund (UK).

He started his investment career with Invesco Asia Pacific in Hong Kong in 1994 where he was responsible for managing several pan-Asian institutional client portfolios. In January 2005, Ian returned to the UK to join the Henley Investment Centre’s Asian Equities team.

Ian holds a BA (Honours) in Chinese Studies from Durham University and is a CFA Charterholder.



William Lam  (Co-Fund Manager for TA Asia High Conviction Mandate)
Co-Head of Asian and Emerging Markets Equities

William is Co-Head of the Asian & Emerging Markets Equity team. He manages the Invesco Asian Fund (UK) and co-manages the Invesco Pacific Fund (UK) and the Invesco Global Emerging Markets Fund (UK).

William began his investment career in 2001 at Orbis Investment Advisory Limited as a global investment analyst before joining the Henley Investment Centre’s Asian Equities team in May 2006.

He holds an MA in Psychology and Philosophy from Oxford University and an MSc in Music Technology from York University. He qualified as a chartered accountant in 2001 and became a CFA Charterholder in 2004.


Material Litigation

As at the 30 September 2022, IAML is not engaged in any material litigation and arbitration, including those pending or threatened, and is not aware of any facts likely to give rise to any proceedings which might materially and adversely affect its financial position.