Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Invesco Consolidates Some Businesses Not Rated 5.0 Email Routing List Email & Route  Print Print
Tuesday, January 12, 2010

Invesco Consolidates Some Businesses

Reported by Armie Margaret Lee

Invesco has consolidated the businesses of Invesco Aim Advisors Inc. and three of its other U.S. investment advisers under the name Invesco Advisers Inc. The consolidation took effect December 31, company spokesman Ivy McLemore told The MFWire.

The other three investment advisers are Invesco Aim Capital Management, Inc., Invesco Aim Private Asset Management, Inc., and Invesco Global Asset Management (N.A.), Inc.

"Invesco views the consolidation of several of its U.S. investment advisers as a key part of our strategy of building a global operating platform and expects that operating as a single legal entity will simplify interactions with our clients," Invesco officials said in a January 4 note posted on the company Web site. (see the complete announcement below).

The consolidation did not result in personnel changes. Invesco CEO Marty Flanagan oversees Invesco Advisers Inc.

"It is important to note that the investment teams responsible for managing the AIM Funds will not change as a result of this consolidation, nor will the level or degree of service provided the AIM Funds," the statement read.
Company Press Release

Invesco Finalizes Corporate Initiative

Invesco Ltd. has finalized an initiative to consolidate the businesses of Invesco Aim Advisors, Inc. and some of its other U.S. investment advisers under the name Invesco Advisers, Inc.

Invesco views the consolidation of several of its U.S. investment advisers as a key part of our strategy of building a global operating platform and expects that operating as a single legal entity will simplify interactions with our clients.

It is important to note that the investment teams responsible for managing the AIM Funds will not change as a result of this consolidation, nor will the level or degree of service provided the AIM Funds.

In addition, the adviser consolidation may serve to benefit shareholders of the AIM Funds by the expanded ability of Invesco’s investment centers to collaborate.
 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use