Invesco Perpetual Explained

Invesco
Type:Subsidiary
Location City:Henley-on-Thames
Location Country:United Kingdom
Key People:Andrew Schlossberg, CEO
Doug Sharp, SMD
Stephanie Butcher, SMD
Industry:Investment management
Products:Financial investments
Parent:Invesco

Invesco, based in Henley-on-Thames, Oxfordshire, is one of the largest investment managers in the United Kingdom, managing £91.59bn in assets[1] on behalf of individual clients, fund platforms, nominees, pension funds and other corporate institutions.

Invesco (UK) forms part of Invesco Ltd, an investment manager listed on the New York Stock Exchange. The Invesco Perpetual name was retired in 2018, as Invesco moved to operate all of its brands under the name Invesco.[2]

History

The company was founded in 1973 by Martyn Arbib as Perpetual Limited.[3] [4] In 2001, Arbib sold the business to the American AMVESCAP Group, which was renamed Invesco in 2008.

Queen Elizabeth II visited the company in 1998 to open its new headquarters, after opening the nearby River and Rowing Museum.[5] Invesco Perpetual and The Arbib Foundation are benefactors of the museum.

The company logo is a graphic image of Ama Dablam, a 6,856 m (22,493 ft) mountain in the Himalaya range of eastern Nepal.

Structure

Invesco is a business name of Invesco Asset Management Limited and Invesco Fund Managers Limited, both of which are authorised and regulated by the Financial Conduct Authority.

Notes and References

  1. Source: Invesco Perpetual
  2. Web site: Ali. Hamza. 15 February 2018. Invesco to drop Perpetual and PowerShares names in rebrand. 2021-02-21. Citywire.
  3. Web site: Perpetual Limited. 21 February 2021. Companies House.
  4. Web site: Garfield. Andrew. 2011-09-22. Arbib set to net £400m as Perpetual finally agrees to Amvescap. 2021-02-21. The Independent. en.
  5. Web site: History. dead. https://web.archive.org/web/20140215192726/http://rrm.co.uk/about/history. 15 February 2014. River & Rowing Museum.