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Invesco

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Invesco Ltd.
TypePublic
ISINBMG491BT1088
IndustryInvestment management
Founded1978; 48 years ago (1978)
FounderCharles W. Brady
HeadquartersAtlanta, Georgia, U.S.
Key people
Products
RevenueIncrease US$6.377 billion (2025)
Decrease -US$695 million (2025)
Decrease -US$726 million (2025)
AUMIncrease US$2.170 trillion (2025)
Total assetsIncrease US$27.094 billion (2025)
Total equityDecrease US$12.231 billion (2025)
Number of employees
7,499 (2025)
Websiteinvesco.com
Footnotes
[1]

Invesco Ltd., organized in Bermuda, with principal executive offices in Atlanta, Georgia, is an investment management company. The company has clients in 120 countries.[1]

As of December 31, 2025, the company had $2.2 trillion in assets under management including $407 billion in Invesco QQQ; $630 billion in other exchange-traded funds and index funds; $311 billion in actively-managed fixed income accounts; $298 billion in actively-managed equities accounts; $130 billion in private credit and real estate investments; $132 billion in Invesco Great Wall, a joint venture in China; $189 billion in Global Liquidity/money market funds, and $69 billion in other types of accounts.[1] It had $1.5 trillion invested for retail clients and $0.7 trillion invested for institutional clients.[1]

History

[edit]

The company traces its roots to H. Lotery & Co. Ltd., a UK-based advisory firm formed in 1935.

In 1978, Citizens & Southern National Bank sold its money management operations, then named INVESCO, to Charles Brady and eight partners for $230,000.[2][3]

In November 1986, Britannia Arrow bought a 45% stake in INVESCO for £47 million. In November 1988, Britannia bought the rest of INVESCO for £75 million.[4] Beginning in the late 1980s, efforts to apply INVESCO's more quantitative investment techniques to the UK equities market failed and the company's investments underperformed in the early 1990s recession, resulting in client losses.[4]

In August 1995, the company became a public company via an initial public offering.[citation needed]

From 1996 to 2001, A. D. Frazier was CEO of the company.[5]

In 1997, the company acquired AIM Management Group and changed its name to Amvescap.[6][7][8]

In March 1999, the company launched the Invesco QQQ exchange-traded fund.[9]

In 2000, the company acquired Perpetual, a British investment manager. The company had been founded in 1973 by Martyn Arbib, who was its biggest shareholder at the time of the purchase.[10] The British unit took the name Invesco Perpetual.[11] Neil Woodford, described as Perpetual's "star income manager",[11] continued to be employed by Amvescap/Invesco until 2013.[12]

In October 2004, the company agreed to a $450 million settlement with the State Attorney Generals of New York and Colorado, and the United States Securities and Exchange Commission after the company allegedly allowed over 40 individuals and entities to engage in market timing trading in mutual funds managed by Invesco in exchange for advisory fees.[13][14]

In July 2006, the company agreed to acquire WL Ross & Co for $100 million upfront and potential earn-out payments to bring the purchase price to $375 million.[15]

In September 2006, the company acquired Powershares Capital Management, the sponsor of 36 exchange-traded funds which added $6.3 billion of assets under management.[16][17][18]

In May 2007, the company reverted to the Invesco name and moved its domicile to Bermuda.[19] In November 2007, Invesco moved its principal office from London to Atlanta.[3]

In March 2008, Invesco renamed its U.S. mutual-fund unit Invesco Aim.[20]

In October 2009, Invesco bought Morgan Stanley's Retail Unit, including Van Kampen Investments, for $1.5 billion.[21][22]

In April 2010, the Invesco Aim unit dropped Aim from its name.[23]

In September 2017, Invesco agreed to buy the exchange-traded fund business of Guggenheim Partners for $1.2 billion in cash.[24][25]

In March 2018, the company retired the Perpetual, PowerShares and Trimark brands.[26]

In June 2018, Invesco acquired Intelliflo, a technology platform for financial advisors.[27] In August 2025, it was sold to affiliates of The Carlyle Group for up to $200 million.[28]

In May 2019, Invesco acquired OppenheimerFunds from Massachusetts Mutual Life Insurance Company for about $5.7 billion in stock.[29][30] In the same month, the company announced a $70 million investment and the creation of 500 jobs, as it relocated its headquarters in Atlanta to Midtown Union.[31][32][33]

In June 2026, the company sold its Canadian investment fund business to CI Financial.[34]

Finances

[edit]
Year Revenue
(billions of $)[35]		 Net Income
(billions of $)		 AuM
(billions of $)
2023 5.7 $−0.333 1,585
2022 6.0 0.683 1,409
2021 6.9 1.393 1,610
2020 6.1 0.524 1,349
2019 6.1 0.564 1,226
2018 5.3 0.882 888
2017 5.2 1.127 937
2016 4.7 0.854 812
2015 5.1 0.968 775
2014 5.1 0.988 792
2013 4.6 0.940 778
2012 4.2 0.677 687
2011 4.1 0.729 625
2010 3.5 0.465 616
2009 2.7 0.322 423
2008 3.3 0.481 357
2007 3.9 0.673 500
2006 3.2 0.482 462
2005 2.9 0.219 386

References

[edit]
  1. 1 2 3 4 "Invesco Ltd. 2025 Annual Report (10-K)". United States Securities and Exchange Commission. February 24, 2026.
  2. ↑ Foster, Mike (March 12, 2001). "Brady prevails on the frontline". FN London.
  3. 1 2 Karkaria, Urvaksh (November 5, 2007). "Invesco moving global HQ to Atlanta". American City Business Journals.
  4. 1 2 Chernoff, Joel (July 25, 1994). "Invesco's U.K. business hit hard". Pensions & Investments.
  5. ↑ White, Sarah D. (March 4, 2001). "For the Record". Crain Communications.
  6. ↑ Wyatt, Edward (November 5, 1996). "Invesco to Acquire AIM for $1.6 Billion". The New York Times. ISSN 0362-4331.
  7. ↑ Henderson, Barry (November 4, 1996). "Britain's Invesco Agrees To Buy AIM for $1.6 Billion". The Wall Street Journal.
  8. ↑ Pybus, Kenneth R. (November 11, 1996). "AIM's merger will put company `10 years ahead'". American City Business Journals.
  9. ↑ "Invesco QQQ Celebrates 20 Years of Curating Innovation" (Press release). PR Newswire. March 11, 2019.
  10. ↑ "Arbib set to net £400m as Perpetual finally agrees to Amvescap". The Independent. October 18, 2000.
  11. 1 2 Jagtiani, Sunil (January 5, 2001). "All change at Invesco Perpetual". Citywire.
  12. ↑ Lobo, Dylan (June 25, 2014). "Woodford raises record £1.6 billion for new fund". Citywire.
  13. ↑ Timmons, Heather (September 8, 2004). "2 Fund Groups to Pay $450 Million to End Inquiry". The New York Times.
  14. ↑ "Invesco Funds Group, Inc., AIM Advisors, Inc., and AIM Distributors, Inc. Simultaneously Settle Charges Relating to Market Timing Abuses in Their Respective Mutual Fund Complexes" (Press release). United States Securities and Exchange Commission. October 8, 2004.
  15. ↑ Dale, Arden (July 24, 2006). "Amvescap Is to Buy WL Ross & Co". The Wall Street Journal.
  16. ↑ "AMVESCAP PLC Form 20-F 2006 Annual Report". United States Securities and Exchange Commission.
  17. ↑ O'Donnell, Kathie (January 23, 2006). "Amvescap to acquire PowerShares Capital Management". MarketWatch.
  18. ↑ "Amvescap to Acquire ETF Firm PowerShares Capital Management". Los Angeles Times. January 24, 2006.
  19. ↑ Coleman, Murray (May 24, 2007). "Amvescap officially switches name to Invesco". MarketWatch.
  20. ↑ "Aim Investments changes name to Invesco Aim". Chron.com. Bloomberg News. March 31, 2008.
  21. ↑ "Invesco to Buy Morgan Stanley Unit for $1.5 Billion". The New York Times. October 19, 2009.
  22. ↑ "Morgan Stanley Restructures Investment Management Unit to Focus on Institutional Client Base" (Press release). Morgan Stanley. October 19, 2009.
  23. ↑ Hoffman, David (February 22, 2010). "Invesco takes Aim from name". Pensions & Investments.
  24. ↑ Baer, Justin (September 28, 2017). "The Price Invesco Is Paying for Guggenheim's ETF Business: $1.2 Billion". The Wall Street Journal. ISSN 0099-9660.
  25. ↑ Ablan, Jennifer; Hunnicutt, Trevor (September 29, 2017). Adler, Leslie (ed.). "Invesco agrees to buy Guggenheim Investments' ETF business for $1.2 billion". Reuters.
  26. ↑ Golob, Leah (March 15, 2018). "Invesco to rebrand investment funds". Investment Executive.
  27. ↑ "Invesco acquires Intelliflo, the UK's leading technology platform for financial advisors" (Press release). PR Newswire. June 6, 2018.
  28. ↑ "Carlyle to Acquire intelliflo from Invesco" (Press release). PR Newswire. August 26, 2025.
  29. ↑ "Invesco and MassMutual complete strategic combination of Invesco and OppenheimerFunds" (Press release). PR Newswire. May 24, 2019.
  30. ↑ Saunders, Jessica (October 18, 2018). "Invesco acquires OppenheimerFunds from MassMutual, will have $1.3T assets under management". American City Business Journals.
  31. ↑ "Invesco to Expand Atlanta Global HQ with 500 Jobs and $70 Million Investment" (Press release). Governor of Georgia. May 30, 2019.
  32. ↑ Sams, Douglas (May 30, 2019). "Invesco adding hundreds of Atlanta jobs, will move to new Midtown HQ". American City Business Journals.
  33. ↑ "Invesco to expand its global headquarters in Atlanta". Associated Press. June 1, 2019.
  34. ↑ "CI Global Asset Management Completes Acquisition of Invesco's Canadian Investment Fund Assets" (Press release). PR Newswire. June 1, 2026.
  35. ↑ "Invesco Revenue". Macrotrends.
[edit]
  • Official website
  • Business data for Invesco:
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