Invesco Ltd. is an American independent

investment management Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ...

company headquartered in

Atlanta, Georgia Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georg ...

, with branch offices in 20 countries. Its common stock is a constituent of the

S&P 500 The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and in ...

and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.

History

Invesco (then officially spelled with all-capital letters: INVESCO) was founded in Atlanta in 1978 when Citizens & Southern National Bank divested its money management operations. In 1988, the company was purchased by the British firm Britannia Arrow, based in London, which later took the INVESCO name. In 1997

INVESCO Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco oper ...

PLC merged with AIM Investments. Upon completion of the merger the company adopted the name Amvescap. In 2007 the company reverted to the Invesco name. Since 2000 Invesco has grown through acquisitions such as the ETF firm PowerShares Capital Management and the restructuring of WL Ross & Co. In 2004, the company agreed to a $450 million settlement with the Attorneys General of New York,

Colorado Colorado is a U.S. state, state in the Western United States. It is one of the Mountain states, sharing the Four Corners region with Arizona, New Mexico, and Utah. It is also bordered by Wyoming to the north, Nebraska to the northeast, Kansas ...

and the SEC after allegations of improper trading practices. In May 2007 the company changed their name to Invesco (initial cap only) PLC, moved its primary stock market listing from the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

to the American

NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

and became domiciled in

Bermuda Bermuda is a British Overseas Territories, British Overseas Territory in the Atlantic Ocean, North Atlantic Ocean. The closest land outside the territory is in the American state of North Carolina, about to the west-northwest. Bermuda is an ...

, adopting the name Invesco Ltd. As a result, the company's shares were withdrawn from the

FTSE 100 Index The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chips listed on ...

and added to the Russell 1000 Index. In November 2007, Invesco moved its headquarters from London to Atlanta. Invesco planned to list the PowerShares Global Progressive Transportation Portfolio (PTRP on the Nasdaq Stock Market). This fund was closed in 2010. On October 19, 2009, Invesco bought

Morgan Stanley Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...

's Retail Unit, including Van Kampen Investments for $1.5 billion. In April 2010, Invesco Aim became Invesco. Later that year, it was reported that Invesco had plans to introduce a

Risk parity Risk parity (or risk premia parity) is an approach to investment management which focuses on allocation of risk, usually defined as volatility, rather than allocation of capital. The risk parity approach asserts that when asset allocations are ad ...

commodity fund according to regulatory filings. In December 2013, Invesco reported assets under management (AUM) of $778.7 billion In September 2017, Invesco agreed to buy Guggenheim Investment's exchange-traded fund business for $1.2 billion in cash. On October 18, 2018, Invesco purchased OppenheimerFunds from MassMutual for about $5.7 billion in stock. In March 2020 amid a major

stock market crash A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic factors. They often fol ...

triggered by the

COVID-19 Coronavirus disease 2019 (COVID-19) is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the disease spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 can vary but often include fever ...

pandemic, Invesco Mortgage Capital Inc., a branch handling

Real Estate Investment Trust A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hos ...

s, announced they were unable to cover margin calls due to dramatic devaluations and investors selling shares. The company also announced they would delay

dividend A dividend is a distribution of profits by a corporation to its shareholders, after which the stock exchange decreases the price of the stock by the dividend to remove volatility. The market has no control over the stock price on open on the ex ...

payments. In February 2025, a group of 17 U.S. state attorneys general criticized Invesco for making improper or inadequate disclosures about investments in China.

Financial statistics

References

External links

Invesco Official website
{{Authority control, state=expanded Companies based in Atlanta American companies established in 1935 Financial services companies established in 1935 Investment management companies of the United States Companies formerly listed on the London Stock Exchange Companies listed on the New York Stock Exchange Alternative investment management companies 1935 establishments in Georgia (U.S. state) 1988 mergers and acquisitions Asset management companies