Invesco reports sharp rise in unit-linked business

Fund manager Invesco has observed a rise in insurance firms and banks seeking to restructure new products into unit-linked investments to tap retail demand in Hong Kong and Taiwan. Invesco offers a range of retail funds, some of which intermediaries use as building blocks to structure into mutual funds with an insurance component. And Desmond Ng, chief operating officer and head of sales and marketing for Asia ex-Japan at Invesco, says: “We have been speaking to increasing numbers of …