About the Company
Invesco Ltd. is an independent investment management firm. It was originally incorporated in 1935 as Invesco. A Charles Brady-led team founded INVESCO in 1978. The company entered into a merger with Britannia Arrow in 1988.
In 1997, the company merged with AIM Investments and changed its corporate name to Amvescap. The company adopted its current name, Invesco, in 2007. Invesco’s headquarters are located in Atlanta, Georgia, United States. Its shares trade on the New York Stock Exchange (NYSE) under the ticker symbol of IVZ. The company’s initial public offering was on 25th August 1995. IVZ shares are included as a component of the S&P 500 stock market index.
The company operates internationally in over 25 countries, including Australia, Canada, India, United States, Spain, Japan, Israel, United Kingdom, Italy, Switzerland, Denmark, Finland, France, Germany, Ireland, China and the UAE. It manages investments across major equity, fixed income, and alternative asset classes. As of December 2020, the company manages over $1.2 trillion worth of assets for clients worldwide. It employs close to 8000 experts, as of January 2021.
Over the years, the company has continued to grow and expand its business operations through a number of acquisitions. In 2009, IVZ entered into a major merger and bought off Morgan Stanley’s Retail Unit, which included Van Kampen Investment for a purchase price of $1.5 billion. In 2016, it took over Jemstep, a market leader in advisor-focused digital solutions at the time, for an undisclosed amount. Invesco then purchased Source ETF in 2017 in a transaction valued at approximately $500 million. In 2018, it acquired Intelliflo for a purchase price of £16.8 million. Another merger took place in 2018 and IVZ bought off OppenheimerFunds in a $14 billion transaction. This chain of acquisitions continued in 2019 when Invesco purchased RedBlack Software for an undisclosed amount.
Forbes recognised Invesco Ltd. as one of America’s Largest Public Companies in 2018. In 2019, IVZ was included on the Forbes list of America’s Best Employers By State. As of 2021, the company ranked 1208th on Forbes’ list of Global 2000 2000 companies.;
Organisation | Invesco Ltd |
Industry | Asset Management |
HeadQuarters | Atlanta, GA |