Invesco

Invesco

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Invesco

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Description:
Invesco Ltd. () is an independent investment management company that is incorporated in Bermuda, headquartered in Atlanta, Georgia and has 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 operates under the Invesco, Trimark, Invesco Perpetual, Atlantic Trust, WL Ross and Powershares brand names.

History

The firm incorporated in 1935 and in 1997 merged Invesco PLC and AIM Investments. Upon completion of the merger the company adopted the name Amvescap.

Since 2000 Invesco has grown through acquisitions such as the ETF firm PowerShares Capital Management and the restructuring of WL Ross & Co. Invesco's investment centers to run their investment management strategies independently.

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.

In 2005, Martin Flanagan was appointed Chief Executive Officer who restored the company to profitability.CEO

In May, 2007 the company changed their name back to Invesco PLC and moved its primary stock market listing from the London Stock Exchange to the NYSE and became domiciled in Bermuda, adopting the name Invesco...
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