Invesco

AI hype propels EU metaverse fund assets past $1bn

Funds are piling into Metaverse-linked stocks

Metaverse funds in Europe have seen assets surge to an all-time high, fuelled by growing hype around AI stocks

3 min read

The US Securities and Exchange Commission approved bitcoin ETFs in January

Wall Street might have a long wait for the next crypto ETF

Ether ETFs may not be hot on the heels of their bitcoin equivalents

3 min read

Invesco head of EU government relations and public policy Elizabeth Gillam has died following a long illness

Invesco EU policy boss Elizabeth Gillam dies

Invesco mourns passing of 'exceptional, passionate, and supportive colleague'

1 min read

Invesco is among several firms, including BlackRock, Fidelity, WisdomTree and VanEck, who have lodged applications for spot bitcoin ETFs

Invesco: ‘Grayscale ruling is a significant milestone’ for bitcoin ETF prospects

The $1.5tn firm is among a handful of asset managers that have applications for spot bitcoin ETFs awaiting approval

2 min read

'There is going to be a global misalignment between what’s going on in the US and outside'

EU traders race to avoid higher costs as US cuts settlement times

Experts are worried some trades could fall through as settlement times diverge

4 min read

The fear of being fired was listed as a key stressor in 2022, as companies outsourced roles and hired juniors to keep costs down

Traders afraid of layoffs ‘close to breaking point’ as work-life balance suffers

Two thirds of buyside traders say their mental health has suffered in 2022 despite the adoption of more flexible working arrangements

4 min read

Fund houses are preaching cost discipline, but are also trying to bolster growth areas

Aviva Investors, Invesco, Abrdn to hire in growth areas, shun ‘sweeping’ job cuts

Despite mass layoffs in other sectors, some of the City’s largest asset managers are still selectively hiring

4 min read

The asset manager is on the march to cash in on ETFs' popularity despite a flat 2022

Invesco targets $100bn in European ETF assets by end of 2024

Invesco is among the best-selling ETF providers in Europe so far this year, but goal to reach $100bn has been pushed back due to tough market conditions

3 min read

Invesco

Invesco sees ‘crypto spring’ after crash wiped demand for digital assets: ‘We will see people coming back’

Invesco's European ETF head predicts investor flows will pick up as the crypto winter turns into a 'crypto spring'

3 min read

HBOS, SJP and Invesco shamed in £45bn ‘dog funds’ list

Underperforming funds are raking in £463m in fees for asset managers, according to Bestinvest's latest rankings

Colin Fitzgerald has worked at Invesco since March 2015 and had oversight for both the retail and institutional sales teams in Emea

Invesco Emea distribution head Colin Fitzgerald leaves after seven-year stint

Fitzgerald took on the newly created distribution role in April 2019

Invesco ties up with Galaxy Digital for crypto ETF

Firm aims to position itself to capitalise on the fervour around digital assets if and when regulators approve them

State Street Global Advisors chief Cyrus Taraporevala has been at the helm since 2017

A State Street, Invesco deal would provide ‘critical mass’ to take on BlackRock

A deal may also trigger a power struggle between Invesco boss Marty Flanagan and State Street's chief Cyrus Taraporevala

Invesco in discussions to merge with State Street’s asset management business

Deal may be among the industry's biggest given State Street’s asset-management unit manages nearly $4tn in assets

3 min read

HBOS, owned by Lloyds Banking Group, has knocked Invesco off the top spot

HBOS tops ‘dog funds’ list as Invesco finally relinquishes crown

The infamous ranking by online investment firm Bestinvest has singled out five HBOS funds with more than £6.5bn in assets as persistent underperformers

3 min read

Invesco star fund manager duo to retire from fixed income team

Paul Read and Paul Causer will hand over the reins at the end of 2021

3 min read

Mark Barnett joins Tellwoth this month, after leaving Invest last May following a turbulent performance period

Former Invesco fund manager Mark Barnett joins UK boutique Tellworth

Barnett, who left Invesco in May 2019 after 24 years, joins Tellworth this month

2 min read