Invesco has been providing alternative investments geared to fit the more process-oriented tastes of institutional investors in the United States since 1992. In 2003 it brought that approach to Japan and has so far raised over $1 billion in assets. Now the firm is targeting traditional institutional investors in Asia ex-Japan. Spearheading this effort is Carlos Higuchi, an ex-Nomura Securities specialist in fixed-income structured products, who joined the firm in Tokyo in 2003 as Asia-Pacific head of alternative products, and has just moved to Hong Kong.