Invesco Ltd. is an independent investment management company that is headquartered in Atlanta, Georgia, United States, and has branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York stock exchange. Invesco operates under the Invesco, Trimark, Invesco Perpetual, WL Ross & Co and Powershares brand names.
Invesco (then officially spelled with all-capital letters: INVESCO) was created in Atlanta in 1978 when Citizens & Southern National Bank divested its money management operations. In 1988, the company was purchased by the British firm Britannia Arrow, based in London, which later took the INVESCO name. In 1997 INVESCO PLC merged with AIM Investments. Upon completion of the merger the company adopted the name Amvescap. In 2007 the company reverted to the Invesco name.
In May 2007 the company changed their name to Invesco (initial cap only) PLC, moved its primary stock market listing from the London Stock Exchange to the NYSE and became domiciled in Bermuda, adopting the name Invesco Ltd. As a result, the company's shares were withdrawn from the FTSE 100 Index and added to the Russell 1000 Index. In November 2007, Invesco moved its headquarters from London to Atlanta.
In December 2013, Invesco reported assets under management (AUM) of $778.7 billion
In September 2017, Invesco agreed to buy Guggenheim Investment's exchange-traded fund business for $1.2 Billion in cash.
In March 2020 amid a major stock market crash triggered by the COVID-19 pandemic, Invesco Mortgage Capital Inc., a branch handling Real Estate Investment Trusts, announced they were unable to cover margin calls due to dramatic devaluations and investors selling shares. The company also announced they would delay dividend payments.