Invesco

Source: Wikipedia, the free encyclopedia.

Invesco Ltd.
ProductsInvestment management: real estate, distressed investing, bank loans, quantitative equity, fundamental equity, Fixed income, hedge funds, Fund of funds, environmental investing and ETFs
RevenueDecrease US$5.72 billion (2023)
Decrease US$−435 million (2023)
Decrease US$−334 million (2023)
AUMIncrease US$1.59 trillion (2023)
Total assetsDecrease US$28.9 billion (2023)
Total equityDecrease US$14.6 billion (2023)
Number of employees
8,489 (2023)
Subsidiaries
Websiteinvesco.com
Footnotes / references
[1][2]

Invesco Ltd. is an American independent

Powershares
brand names.

History

Invesco (then officially spelled with all-capital letters: INVESCO) was created in Atlanta in 1978 when

INVESCO PLC merged with AIM Investments.[6] Upon completion of the merger the company adopted the name Amvescap.[7] In 2007 the company reverted to the Invesco name.[8]

Since 2000 Invesco has grown through acquisitions such as the ETF firm PowerShares Capital Management and the restructuring of WL Ross & Co.[6]

In 2004, the company agreed to a $450 million settlement with the

Attorneys General of New York, Colorado and the SEC after allegations of improper trading practices.[9]

In May 2007 the company changed their name to Invesco (initial cap only)

NYSE and became domiciled in Bermuda, adopting the name Invesco Ltd.[10] As a result, the company's shares were withdrawn from the FTSE 100 Index and added to the Russell 1000 Index.[11] In November 2007, Invesco moved its headquarters from London to Atlanta.[4]

Invesco planned to list the PowerShares Global Progressive Transportation Portfolio (PTRP on the

Nasdaq Stock Market).[12][13] This fund was closed in 2010.[14]

On October 19, 2009, Invesco bought Morgan Stanley's Retail Unit, including Van Kampen Investments for $1.5 billion.[15]

In April 2010, Invesco Aim became Invesco. Later that year, it was reported that Invesco had plans to introduce a Risk parity commodity fund according to regulatory filings.[16]

In December 2013, Invesco reported assets under management (AUM) of $778.7 billion[17]

In September 2017, Invesco agreed to buy Guggenheim Investment's exchange-traded fund business for $1.2 Billion in cash.[18]

On October 18, 2018, Invesco purchased

MassMutual for about $5.7 billion in stock.[19]

In March 2020 amid a major

Real Estate Investment Trusts, announced they were unable to cover margin calls due to dramatic devaluations and investors selling shares.[20] The company also announced they would delay dividend
payments.

Financial statistics

Year Ending Operating Revenue Net Income AuM Employees
31 December 2023 $5,716.4 million $−333.7 million $1,585.3 billion[1] 8,489
31 December 2022 $6,048.9 million $683.9 million $1,409.2 billion[21] 8,611
31 December 2021 $6,894.5 million $1,393.0 million $1,610.9 billion[21] 8,513
31 December 2020 $6,145.6 million $524.8 million $1,349.9 billion[22] 8,512
31 December 2019 $6,117.4 million $564.7 million $1,226.2 billion[22] 8,821
31 December 2018 $5,314.1 million $882.8 million $888.2 billion[23] 7,459
31 December 2017 $5,160.3 million $1,127.3 million $937.6 billion 7,030
31 December 2016 $4,734.4 million $854.2 million $812.9 billion 6,790
31 December 2015 $5,122.9 million $968.1 million $775.6 billion[24] 6,490
31 December 2014 $5,147.1 million $988.1 million $792.4 billion[25] 6,264
31 December 2013 $4,644.6 million $940.3 million $778.7 billion[26] 5,932
31 December 2012 $4,177.0 million $677.1 million $687.7 billion[27] 6,128
31 December 2011 $4,092.2 million $729.7 million $625.3 billion[28] 6,162
31 December 2010 $3,487.7 million $465.7 million $616.0 billion[29] 5,617
31 December 2009 $2,673.3 million $322.5 million $423.1 billion[30] 4,890
31 December 2008 $3,307.6 million $481.7 million $357.2 billion[31] 5,325
31 December 2007 $3,878.9 million $673.6 million $500.1 billion[32] 5,475
31 December 2006 $3,246.7 million $482.7 million $462.6 billion[33] 5,574
30 December 2005 $2,872.6 million $219.8 million $386.3 billion[34] 5,798

References

  1. ^
    United States Securities and Exchange Commission
    . 21 February 2024.
  2. ^ "Remembering Charles W. Brady, 1935 - 2019". Invesco. Retrieved 8 January 2022.
  3. ^ "Company overview". Invesco. Archived from the original on 9 December 2007. Retrieved 7 December 2007.
  4. ^ a b Karkaria, Urvaksh (7 November 2007). "Invesco moving global HQ to Atlanta". Atlanta Business Chronicle. Retrieved 8 October 2014.
  5. ^ Chernoff, Joel (25 July 1994). "Invesco's U.K. business hit hard". Pensions & Investments. Retrieved 8 October 2014.
  6. ^ a b "Company history". Invesco. Archived from the original on 25 November 2010. Retrieved 7 December 2007.
  7. ISSN 0362-4331
    . Retrieved 8 October 2014.
  8. ^ Coleman, Murray (24 May 2007). "Amvescap officially switches name to Invesco". marketwatch.com. Retrieved 7 June 2019.
  9. ^ Timmons, Heather (8 September 2004). "2 Fund Groups to Pay $450 Million to End Inquiry". The New York Times. Retrieved 4 August 2008.
  10. ^ "Invesco PLC Shareholders Approve Relisting on the New York Stock Exchange" (PDF) (Press release). Invesco. 14 November 2007. Archived from the original (PDF) on 12 May 2008. Retrieved 1 December 2007.
  11. ^ "LSE to replace Invesco in UK's FTSE 100". Reuters. 30 November 2007. Retrieved 1 December 2007.[dead link]
  12. ^ "Invesco PowerShares to list Global Progressive Transportation ETF" (PDF). Invesco. Retrieved 25 December 2008.
  13. ^ "Green Transportation Fund Set to Launch". Greentech Media. Retrieved 25 December 2008.
  14. CNNMoney
    . 8 October 2010.
  15. ^ "Invesco Pulls the Trigger on Van Kampen Deal". Retrieved 20 October 2009.
  16. ^ Wall Street Journal, Oct 2 2010, How Risky Are Those Low Risks Funds? Eleanor Laise
  17. ^ "Invesco Ltd. Announces December 31, 2013 Assets Under Management" (PDF). Archived from the original (PDF) on February 2, 2014. Retrieved January 30, 2014.
  18. ISSN 0099-9660
    . Retrieved 4 October 2017.
  19. ^ "Invesco Will Buy OppenheimerFunds for $5.7 Billion in All-Stock Deal". 18 October 2018.
  20. ^ Patricia Clark (March 24, 2020). Invesco Mortgage Capital Warns It Can’t Fund Margin Calls, Yahoo Finance, accessed 24 March 2020
  21. ^
    United States Securities and Exchange Commission
    . 23 February 2022.
  22. ^ a b "Invesco Reports Results for the Three Months and Year Ended December 31, 2020". invesco.com. 26 January 2021. Retrieved 17 April 2021.
  23. ^ "Invesco Ltd. Announces January 31, 2019 Assets Under Management" (PDF).
  24. ^ Invesco 2015 Form 10-K Filing
  25. ^ Invesco 2014 Form 10-K Filing
  26. ^ Invesco 2013 Form 10-K Filing
  27. ^ Invesco 2012 Form 10-K Filing
  28. ^ Invesco 2011 Form 10-K Filing
  29. ^ Invesco 2010 Form 10-K filing
  30. ^ Invesco 2009 Form 10-K Filing
  31. ^ Invesco Form 2008 10-K Filing
  32. ^ Invesco 2007 Form 10-K Filing
  33. ^ Invesco 2006 Form 20-F Filing
  34. ^ Invesco 2005 20-F Filing

External links

  • Invesco Official website
  • Business data for Invesco: