Invesco
| Company type | Public |
|---|---|
| Industry | Investment management |
| Founded | 1978 in Atlanta, Georgia, United States |
| Headquarters | Atlanta , United States |
Area served | Worldwide (20 countries) |
| Products | Investment management, ETFs |
Number of employees | 8,489 (2023) |
Invesco Ltd. is a U.S.-based autonomous investment management firm with its main office located in Atlanta, Georgia and additional branches spanning 20 countries. Its common shares are included in the S&P 500 index and are publicly traded on the New York Stock Exchange. The company conducts business under the brand names Invesco, Invesco Perpetual, and Powershares.
History
Established in 1978 in Atlanta, Invesco originated when Citizens & Southern National Bank divested its asset management operations. In 1988, the company was purchased by the British corporation Britannia Arrow, which subsequently adopted the INVESCO name. A significant merger occurred in 1997 when INVESCO PLC combined with AIM Investments, initially rebranding as Amvescap before reverting to the Invesco name in 2007.
From the year 2000 onward, Invesco pursued growth through acquisitions, including the purchase of ETF provider PowerShares Capital Management and a reorganization involving WL Ross & Co. In 2004, the firm agreed to a $450 million settlement with U.S. regulatory authorities concerning allegations related to improper trading activities.
May 2007 marked a strategic shift as Invesco transferred its primary stock listing from the London Stock Exchange to the NYSE, moved its headquarters from London back to Atlanta, and established Bermuda as its legal domicile. This transition resulted in its removal from the FTSE 100 Index and subsequent inclusion in the Russell 1000 Index.
In October 2009, Invesco expanded by acquiring Morgan Stanley's Retail Unit, which included Van Kampen Investments, for $1.5 billion. By December 2013, the company reported managing assets totaling $778.7 billion.
In September 2017, Invesco further augmented its ETF capabilities by acquiring Guggenheim Investment's ETF business for $1.2 billion in cash. The following year saw another major acquisition: OppenheimerFunds from MassMutual for roughly $5.7 billion paid in stock.
During the market turmoil of March 2020 triggered by the COVID-19 crisis, Invesco Mortgage Capital Inc., specializing in real estate investment trusts (REITs), encountered challenges related to margin calls and postponed dividend distributions.
In February 2025, a group of 17 U.S. state attorneys general publicly criticized Invesco for insufficient transparency concerning its investments in China.
Financial statistics
| Year Ending | Operating Revenue | Net Income | AuM | Employees |
|---|---|---|---|---|
| 31 December 2023 | $5,716.4 million | $−333.7 million | $1,585.3 billion | 8,489 |
| 31 December 2022 | $6,048.9 million | $683.9 million | $1,409.2 billion | 8,611 |
| 31 December 2021 | $6,894.5 million | $1,393.0 million | $1,610.9 billion | 8,513 |
| 31 December 2020 | $6,145.6 million | $524.8 million | $1,349.9 billion | 8,512 |
| 31 December 2019 | $6,117.4 million | $564.7 million | $1,226.2 billion | 8,821 |
| 31 December 2018 | $5,314.1 million | $882.8 million | $888.2 billion | 7,459 |
| 31 December 2017 | $5,160.3 million | $1,127.3 million | $937.6 billion | 7,030 |
| 31 December 2016 | $4,734.4 million | $854.2 million | $812.9 billion | 6,790 |
| 31 December 2015 | $5,122.9 million | $968.1 million | $775.6 billion | 6,490 |