Market Summary
USD14.09-0.27
Market Closed-1.88%
IVZ Stock Price
IVZ RSI Chart
IVZ Valuation
IVZ Price/Sales (Trailing)
IVZ Profitability
IVZ Fundamentals
IVZ Revenue
IVZ Earnings
Price Action
52 Week Range
13.0520.56
(Low)(High)
Last 7 days
-7.8%
Last 30 days
-7.2%
Last 90 days
-14.9%
Trailing 12 Months
-3.8%
IVZ Financial Health
IVZ Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for IVZ
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-31 | Schlossberg Andrew | sold (taxes) | -271,563 | 15.92 | -17,058 | president and ceo |
2023-08-31 | Schlossberg Andrew | acquired | - | - | 37,822 | president and ceo |
2023-08-31 | Sharp Douglas J | sold (taxes) | -279,730 | 15.92 | -17,571 | senior managing director |
2023-08-31 | Sharp Douglas J | acquired | - | - | 37,382 | senior managing director |
2023-07-09 | Wong Tony | acquired | 5,996 | 14.38 | 417 | senior managing director |
2023-07-03 | Kupor Jeffrey H | acquired | - | - | 58,377 | senior managing director |
2023-07-03 | Krevitt Jennifer | acquired | - | - | 58,377 | smd & chief hr officer |
2023-07-03 | DUKES LAURA ALLISON | acquired | - | - | 116,754 | chief financial officer |
2023-07-03 | Giuliano Mark F | acquired | - | - | 58,377 | smd & chief adm officer |
2023-07-03 | Schlossberg Andrew | acquired | - | - | 350,262 | president and ceo |
Which funds bought or sold IVZ recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | 24.00 | 652 | -% |
2023-09-20 | BARCLAYS PLC | added | 18.89 | 4,103,000 | 22,881,000 | 0.01% |
2023-09-13 | CGC Financial Services, LLC | new | - | 19,412 | 19,412 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | added | 9.53 | 4,539 | 41,521 | 0.01% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 7.00 | 303 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | reduced | -12.85 | -146,350 | 1,224,580 | 0.13% |
2023-08-22 | Asset Dedication, LLC | unchanged | - | 2,000 | 29,000 | -% |
2023-08-22 | Old North State Trust, LLC | sold off | -100 | -48,000 | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -3.09 | -62,415 | 9,288,010 | 0.01% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -5.63 | -21,000 | 651,000 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Invesco
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Jun 02, 2023 | trian fund management, l.p. | 7.41% | 33,940,096 | SC 13D/A | |
| Mar 08, 2023 | blackrock inc. | 10.2% | 46,469,601 | SC 13G/A | |
| Feb 16, 2023 | trian fund management, l.p. | 7.68% | 34,909,352 | SC 13D/A | |
| Feb 13, 2023 | fusion family wealth llc | 5.97% | 1,291,732 | SC 13G | |
| Feb 13, 2023 | fusion family wealth llc | 10.23% | 451,317 | SC 13G | |
| Feb 13, 2023 | fusion family wealth llc | 4.30% | 387,720 | SC 13G | |
| Feb 09, 2023 | vanguard group inc | 11.58% | 52,650,163 | SC 13G/A | |
| Feb 06, 2023 | state street corp | 5.59% | 25,436,401 | SC 13G | |
| Jan 31, 2023 | trian fund management, l.p. | 8.96% | 40,758,634 | SC 13D/A | |
| Jan 25, 2023 | trian fund management, l.p. | 10.68% | 48,586,677 | SC 13D/A |
Recent SEC filings of Invesco
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 13, 2023 | 8-K | Current Report | |
| Sep 11, 2023 | SC 13G/A | Major Ownership Report | |
| Sep 11, 2023 | SC 13G/A | Major Ownership Report | |
| Sep 07, 2023 | 3 | Insider Trading | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 05, 2023 | 4 | Insider Trading | |
| Sep 05, 2023 | 4 | Insider Trading | |
| Aug 11, 2023 | 13F-HR | Fund Holdings Report | |
| Aug 10, 2023 | 8-K | Current Report | |
| Aug 10, 2023 | SC 13G/A | Major Ownership Report |
Peers (Alternatives to Invesco)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AMP | - | 15.0B | -1.86% | 30.06% | - | - | 9.38% | -23.22% |
BX | 75.6B | 7.0B | 6.30% | 29.81% | 60.61 | 10.86 | -60.78% | -68.72% |
KKR | 52.8B | 11.1B | 3.38% | 41.71% | 42.98 | 4.74 | 13.00% | 26.39% |
BEN | 12.2B | 7.8B | -5.54% | 7.73% | 14.82 | 1.56 | -8.39% | -52.46% |
| MID-CAP | ||||||||
AMG | 4.7B | 2.1B | 0.20% | 15.30% | 4.11 | 2.2 | -13.32% | 104.61% |
AMK | 1.9B | 678.6M | -7.65% | 36.06% | 17.69 | 2.76 | 16.44% | 46.62% |
IVZ | 7.8B | 5.8B | -7.24% | -3.83% | 11.43 | 1.29 | -13.83% | -40.28% |
HLI | 6.7B | 1.8B | 3.07% | 37.40% | 27.48 | 3.72 | 48.44% | -13.75% |
EVR | 5.2B | 2.5B | 1.07% | 69.63% | 15.09 | 2.08 | -24.58% | -51.56% |
JHG | 4.2B | 2.0B | -4.20% | 20.43% | 11.34 | 2.07 | -20.30% | -29.01% |
LAZ | 2.7B | 2.7B | -6.99% | -6.57% | 1.4K | 1 | -13.59% | -99.63% |
| SMALL-CAP | ||||||||
DHIL | 480.8M | 140.6M | -4.30% | 0.14% | 9.81 | 3.42 | -21.64% | -14.24% |
VALU | 461.6M | 39.5M | -14.30% | -12.38% | 25.55 | 11.63 | -2.01% | -17.48% |
SCU | 289.6M | 391.0M | 0.79% | 28.35% | -18.15 | 0.74 | -32.74% | -176.48% |
Invesco News
Returns for IVZ
Cumulative Returns on IVZ
-4.4%
10-Year Cumulative Returns
-6.8%
7-Year Cumulative Returns
-5.5%
5-Year Cumulative Returns
12.0%
3-Year Cumulative Returns
Risks for IVZ
What is the probability of a big loss on IVZ?
87.7%
Probability that Invesco stock will be more than 20% underwater in next one year
63.5%
Probability that Invesco stock will be more than 30% underwater in next one year.
43.1%
Probability that Invesco stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does IVZ drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Invesco was unfortunately bought at previous high price.
Drawdowns
Financials for Invesco
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -1.5% | 5,750 | 5,838 | 6,049 | 6,369 | 6,673 | 6,864 | 6,895 | 6,761 | 6,509 | 6,206 | 6,146 | 6,258 | 6,481 | 6,502 | 6,117 | 5,631 | 5,252 | 5,173 | 5,314 | 5,434 | 5,430 |
| Operating Expenses | 1.1% | 4,742 | 4,688 | 4,731 | 4,787 | 4,978 | 5,043 | 5,106 | 5,264 | 5,207 | 5,259 | 5,225 | 5,241 | 5,458 | 5,577 | 5,309 | 4,907 | 4,481 | 4,089 | 4,109 | 4,117 | 4,074 |
| S&GA Expenses | 0.5% | 356 | 354 | 380 | 390 | 446 | 430 | 424 | 401 | 386 | 471 | 481 | 507 | 521 | 427 | 404 | 375 | 332 | 325 | 324 | 288 | 314 |
| EBITDA | -100.0% | - | 1,436 | 1,528 | 1,833 | 2,271 | 2,641 | 2,801 | 2,516 | 2,229 | 1,693 | 1,402 | 1,335 | 1,263 | 1,222 | 1,286 | 1,090 | 1,101 | 1,328 | 1,392 | 1,636 | 1,675 |
| EBITDA Margin | -100.0% | - | 0.25* | 0.25* | 0.29* | 0.34* | 0.38* | 0.41* | 0.37* | 0.34* | 0.27* | 0.23* | 0.21* | 0.19* | 0.19* | 0.21* | 0.19* | 0.21* | 0.26* | 0.26* | 0.30* | 0.31* |
| Interest Expenses | -9.2% | 73.00 | 80.00 | 85.00 | 91.00 | 95.00 | 94.00 | 95.00 | 96.00 | 107 | 117 | 129 | 140 | 141 | 139 | 136 | 130 | 125 | 121 | 112 | 106 | 100 |
| Earnings Before Taxes | -4.5% | 1,111 | 1,163 | 1,248 | 1,545 | 1,975 | 2,343 | 2,501 | 2,212 | 1,914 | 1,370 | 1,069 | 992 | 922 | 894 | 973 | 798 | 824 | 1,061 | 1,138 | 1,390 | 1,445 |
| EBT Margin | -100.0% | - | 0.20* | 0.21* | 0.24* | 0.30* | 0.34* | 0.36* | 0.33* | 0.29* | 0.22* | 0.17* | 0.16* | 0.14* | 0.14* | 0.16* | 0.14* | 0.16* | 0.21* | 0.21* | 0.26* | 0.27* |
| Net Income | 1.8% | 642 | 631 | 684 | 923 | 1,076 | 1,323 | 1,393 | 1,177 | 1,039 | 711 | 525 | 494 | 469 | 469 | 565 | 499 | 602 | 807 | 883 | 1,177 | 1,175 |
| Net Income Margin | -100.0% | - | 0.11* | 0.11* | 0.14* | 0.16* | 0.19* | 0.20* | 0.17* | 0.16* | 0.11* | 0.09* | 0.08* | 0.07* | 0.07* | 0.09* | 0.09* | 0.11* | 0.16* | 0.17* | 0.22* | 0.22* |
| Free Cashflow | -100.0% | - | 773 | 510 | 81.00 | 226 | 617 | 969 | 1,535 | 1,335 | 1,164 | 1,115 | 1,004 | 908 | 1,038 | 992 | 710 | 674 | 658 | 726 | 711 | 1,073 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -0.9% | 29,458 | 29,733 | 29,757 | 29,272 | 30,187 | 31,854 | 32,686 | 32,814 | 33,248 | 34,882 | 36,504 | 36,038 | 35,579 | 37,011 | 39,420 | 37,891 | 38,501 | 32,207 | 30,978 | 32,504 | 32,459 |
| Cash Equivalents | 13.6% | 1,010 | 889 | 1,235 | 1,024 | 937 | 1,310 | 2,147 | 2,310 | 1,737 | 1,158 | 1,839 | 1,067 | 987 | 941 | 1,701 | 1,049 | 1,199 | 1,017 | 1,148 | 1,632 | 1,481 |
| Net PPE | 2.2% | 585 | 573 | 561 | 504 | 491 | 500 | 518 | 513 | 525 | 556 | 564 | 551 | 555 | 563 | 584 | 552 | 568 | 463 | 469 | 469 | 476 |
| Goodwill | 0.8% | 8,675 | 8,603 | 8,558 | 8,406 | 8,646 | 8,847 | 8,883 | 8,878 | 8,962 | 8,932 | 8,916 | 8,735 | 8,618 | 8,544 | 8,509 | 8,331 | 8,389 | 7,198 | 7,157 | 7,312 | 7,292 |
| Liabilities | -1.3% | 12,749 | 12,924 | 12,915 | 12,768 | 13,499 | 15,067 | 16,007 | 16,539 | 17,458 | 19,514 | 21,483 | 21,459 | 21,409 | 22,892 | 24,719 | 23,532 | 23,805 | 22,746 | 21,646 | 22,762 | 23,026 |
| Long Term Debt | 0.0% | 1,489 | 1,488 | 1,488 | 1,487 | 1,671 | 2,086 | 2,085 | 2,085 | 2,084 | 2,083 | 2,083 | 2,172 | 2,407 | 2,589 | 2,080 | 2,297 | 2,121 | 2,516 | 2,409 | 2,815 | 2,956 |
| Shareholder's Equity | -3.8% | 15,329 | 15,930 | 15,214 | 14,904 | 15,795 | 15,986 | 16,168 | 15,732 | 15,427 | 15,030 | 14,809 | 14,351 | 13,968 | 13,942 | 14,318 | 13,962 | 14,300 | 9,009 | 8,936 | 9,319 | 9,136 |
| Retained Earnings | 0.5% | 7,618 | 7,578 | 7,518 | 7,416 | 7,323 | 7,288 | 7,169 | 6,821 | 6,570 | 6,280 | 6,085 | 5,945 | 5,825 | 5,857 | 5,918 | 5,880 | 5,857 | 5,942 | 5,885 | 5,893 | 5,747 |
| Additional Paid-In Capital | 0.3% | 7,433 | 7,413 | 7,555 | 7,547 | 7,563 | 7,547 | 7,688 | 7,660 | 7,664 | 7,640 | 7,811 | 7,789 | 7,788 | 7,748 | 7,861 | 7,823 | 7,811 | 6,274 | 6,335 | 6,293 | 6,256 |
| Minority Interest | -8.4% | 538 | 587 | 630 | 609 | 681 | 641 | 672 | 652 | 519 | 482 | 447 | 417 | 366 | 443 | 456 | 388 | 365 | 340 | 357 | 332 | 319 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 21.3% | 1,188 | 980 | 703 | 236 | 345 | 730 | 1,078 | 1,649 | 1,450 | 1,280 | 1,230 | 1,110 | 1,030 | 1,160 | 1,117 | 836 | 779 | 761 | 829 | 1,047 | 1,171 |
| Share Based Compensation | 3.8% | 119 | 115 | 106 | 117 | 124 | 131 | 140 | 156 | 166 | 180 | 189 | 187 | 193 | 205 | 208 | 207 | 200 | 181 | 172 | 165 | 165 |
| Cashflow From Investing | -7.2% | -269 | -251 | -375 | -497 | -780 | -787 | -847 | -618 | -340 | -547 | -859 | -1,492 | -1,641 | -1,551 | -1,432 | -985 | -1,615 | -2,934 | -2,898 | -3,154 | -2,851 |
| Cashflow From Financing | 28.1% | -783 | -1,090 | -966 | -695 | -70.80 | -75.80 | 117 | -41.40 | -702 | -244 | -285 | 111 | 449 | 385 | 201 | -184 | 569 | 1,498 | 1,540 | 1,974 | 1,552 |
| Dividend Payments | 1.8% | 349 | 343 | 335 | 328 | 321 | 314 | 308 | 300 | 293 | 288 | 357 | 427 | 498 | 550 | 529 | 511 | 492 | 491 | 491 | 487 | 482 |
| Buy Backs | 374.9% | 190 | 40.00 | 245 | 243 | 248 | 249 | 61.00 | 65.00 | 60.00 | 60.00 | 47.00 | 55.00 | 361 | 423 | 470 | 458 | 149 | 91.00 | 52.00 | 55.00 | 53.00 |
IVZ Income Statement
2023-06-30Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Operating revenues: | ||||
| Total operating revenues | $ 1,442.8 | $ 1,530.4 | $ 2,861.0 | $ 3,159.8 |
| Operating expenses: | ||||
| Third-party distribution, service and advisory | 462.5 | 475.0 | 917.6 | 987.6 |
| Employee compensation | 475.7 | 407.2 | 938.5 | 840.1 |
| Marketing | 29.0 | 33.8 | 54.0 | 55.5 |
| Property, office and technology | 137.1 | 135.0 | 271.5 | 267.0 |
| General and administrative | 121.6 | 119.7 | 197.3 | 221.9 |
| Transaction, integration and restructuring | 0.0 | 0.2 | 41.6 | 35.4 |
| Amortization of intangibles | 13.1 | 14.8 | 27.2 | 29.9 |
| Total operating expenses | 1,239.0 | 1,185.7 | 2,447.7 | 2,437.4 |
| Operating income | 203.8 | 344.7 | 413.3 | 722.4 |
| Other income/(expense): | ||||
| Equity in earnings of unconsolidated affiliates | 19.2 | 24.7 | 45.3 | 58.1 |
| Interest and dividend income | 7.1 | 2.1 | 15.7 | 3.3 |
| Interest expense | (18.4) | (25.8) | (36.4) | (49.0) |
| Other gains/(losses), net | 20.9 | (90.0) | 48.3 | (135.5) |
| Other income/(expense) of CIP, net | (2.7) | 26.2 | (20.6) | 2.9 |
| Income before income taxes | 229.9 | 281.9 | 465.6 | 602.2 |
| Income tax provision | (65.5) | (63.0) | (135.4) | (145.8) |
| Net income | 164.4 | 218.9 | 330.2 | 456.4 |
| Net (income)/loss attributable to noncontrolling interests in consolidated entities | 27.0 | (38.7) | 65.4 | (19.3) |
| Dividends declared on preferred shares | (59.2) | (59.2) | (118.4) | (118.4) |
| Net income attributable to Invesco Ltd. | $ 132.2 | $ 121.0 | $ 277.2 | $ 318.7 |
| Earnings per common share: | ||||
| Basic (usd per share) | $ 0.29 | $ 0.27 | $ 0.61 | $ 0.70 |
| Diluted (usd per share) | $ 0.29 | $ 0.26 | $ 0.60 | $ 0.69 |
| Investment management fees | ||||
| Operating revenues: | ||||
| Total operating revenues | $ 1,033.5 | $ 1,113.5 | $ 2,061.4 | $ 2,294.0 |
| Service and distribution fees | ||||
| Operating revenues: | ||||
| Total operating revenues | 342.3 | 353.8 | 676.5 | 732.8 |
| Performance fees | ||||
| Operating revenues: | ||||
| Total operating revenues | 19.6 | 9.2 | 25.2 | 10.2 |
| Other | ||||
| Operating revenues: | ||||
| Total operating revenues | $ 47.4 | $ 53.9 | $ 97.9 | $ 122.8 |
IVZ Balance Sheet
2023-06-30Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $ 1,009.9 | $ 1,234.7 |
| Accounts receivable | 703.2 | 801.8 |
| Investments | 992.1 | 996.6 |
| Cash and cash equivalents of CIP | 277.2 | 199.4 |
| Accounts receivable and other assets of CIP | 197.6 | 203.7 |
| Investments of CIP | 8,611.3 | 8,531.4 |
| Assets held for policyholders | 444.0 | 668.7 |
| Other assets | 844.2 | 860.5 |
| Property, equipment and software, net | 585.3 | 561.1 |
| Intangible assets, net | 7,118.0 | 7,141.2 |
| Goodwill | 8,675.0 | 8,557.7 |
| Total assets | 29,457.8 | 29,756.8 |
| LIABILITIES | ||
| Accrued compensation and benefits | 570.6 | 860.8 |
| Accounts payable and accrued expenses | 1,360.7 | 1,314.8 |
| Debt of CIP | 6,884.5 | 6,590.4 |
| Other liabilities of CIP | 357.3 | 329.6 |
| Policyholder payables | 444.0 | 668.7 |
| Debt | 1,488.6 | 1,487.6 |
| Deferred tax liabilities, net | 1,643.5 | 1,662.7 |
| Total liabilities | 12,749.2 | 12,914.6 |
| Commitments and contingencies (See Note 10) | ||
| TEMPORARY EQUITY | ||
| Redeemable noncontrolling interests in consolidated entities | 841.9 | 998.7 |
| Equity attributable to Invesco Ltd.: | ||
| Preferred shares ($0.20 par value; $1,000 liquidation preference; 4.0 million authorized, issued and outstanding as of June 30, 2023 and December 31, 2022) | 4,010.5 | 4,010.5 |
| Common shares ($0.20 par value; 1,050.0 million authorized; 566.1 million shares issued as of June 30, 2023 and December 31, 2022) | 113.2 | 113.2 |
| Additional paid-in-capital | 7,433.0 | 7,554.9 |
| Treasury shares | (3,027.4) | (3,040.9) |
| Retained earnings | 7,617.9 | 7,518.3 |
| Accumulated other comprehensive income/(loss), net of tax | (818.3) | (942.4) |
| Total equity attributable to Invesco Ltd. | 15,328.9 | 15,213.6 |
| Equity attributable to nonredeemable noncontrolling interests in consolidated entities | 537.8 | 629.9 |
| Total permanent equity | 15,866.7 | 15,843.5 |
| Total liabilities, temporary and permanent equity | $ 29,457.8 | $ 29,756.8 |
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in December 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.