Invesco Asian

Introduction to the fund

Valuation is paramount for William and his team. Many of their best ideas will come from unloved areas of the market. However, they will also invest in growth stocks where they are deemed to be trading below fair value. The fund has a strict valuation discipline and investments will be sold once they reach estimated fair value. They target a double-digit annualised return from each investment. This fund has a clear and disciplined process and performance has been consistently strong.

Fund manager

William Lam

William Lam has co-managed Invesco Asian since April 2015. He took sole responsibility in 2017. William is a qualified accountant, having previously worked at Deloitte, and also holds an MA from Oxford University and an MSc from York University. He moved into investment management in 2001, taking a role with Orbis Investment Management as their global investment analyst. He subsequently moved across to Invesco in 2006. As part of the company’s succession planning, William was made co-head of emerging markets in 2018.

Opinion on fund

What we like about Invesco Asian is the very different approach and philosophy manager William Lam takes. The behavioural error of mixing up good businesses with good investments can often lead to trouble, but William’s very pragmatic approach and flexible strategy is designed to separate these two elements. This means the portfolio will move around – demonstrating true active management – to areas of the market where he sees the best value. It can lead to exposure where other managers fear to tread, with a value focus that, in the recent past, has been unpopular within the investors.

Fund performance

Documents

Key facts

  • Fund size

    £2,979.8m

  • Chelsea rating

    Buy

  • Core Selection

    No

  • Chelsea Risk Rating

    8

  • AMC

    0.90%

  • OCF

    0.90%

  • Unit Type

    Acc and Inc

  • Yield

    1.71%

  • FundCalibre rating

    Elite Rated

How to invest

Once you know where you want to invest, there are a number of ways you can invest:

  • Log in here and process your instruction
  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
Find out more
Information icon

Important information

Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.

The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.

Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).

Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.

Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.

Funds assigned to an alternative IA sector; sector rankings may differ accordingly.

The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.

This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.

Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.

Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).

The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.