As of the beginning of 2002, Invesco Funds Group will be distributing Invesco GT's offshore funds domestically. Invesco will be offering 50 mutual funds to non-resident clients through the following channels: broker/dealers, banks, independent financial advisors, and insurance companies.

Ray Cunningham, president of Invesco Funds Group, stated that offshore funds offer a good business opportunity for the firm. "Invesco Global is an industry leader in managing offshore products and by partnering with Invesco Funds Group, who has done a tremendous job building relationships with financial advisors, we will provide the service needed to meet our clients demands," added Rino Schena, head of Invesco's Non-Resident Client business. "INVESCO has the infrastructure to help advisors build their businesses with these products and provide value to their customers." 

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