Investment company Henderson Global Investors has promoted Frankie Lee as co-manager of the Henderson Horizon Asia-Pacific Property Equities Fund which is based in Singapore. Mr Lee will report to Patrick Sumner, the company's head of property equities.

Mr Lee joined Henderson in 2006 from investment company CLSA, where he worked since 2004 as a China property analyst. Prior to this, he was a property equity analyst at Lehman Brothers Asia, where he focused on large cap Hong Kong property equities.

Chris Reilly, co-manager of the fund, said: Frankie was a significant hire when he joined Henderson in July 2006 as a property equities analyst. His knowledge and experience in Asia, particularly north Asia, has already contributed to the success of our funds.