Skip to Content

Invesco Ltd IVZ

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

A Merger Between Invesco and SSgA Would Create a Behemoth With More Than $5 Trillion in AUM

Greggory Warren, CFA Sector Strategist

Analyst Note

| Greggory Warren, CFA |

We were surprised to see news this week about a potential tie-up between narrow-moat Invesco and SSgA, the asset management arm of wide-moat custodian bank State Street. If true, it would result in a firm with combined assets under management (as of June 2021) of $5.40 trillion, positioning it well over the $4 trillion mark where the top tier of traditional asset managers--BlackRock ($9.50 trillion in AUM), Vanguard ($7.90 trillion) and Fidelity ($4.20 trillion)--reside.

Read Full Analysis

Company Profile

Business Description

Invesco provides investment management services to retail (70% of managed assets) and institutional (30%) clients. At the end of June 2021, the firm had $1.525 trillion in assets under management spread out among its equity (52% of AUM), balanced (6%), fixed-income (21%), alternative investment (12%), and money market (9%) operations. Passive products account for 30% of Invesco's total AUM, including 48% of the company's equity operations and 14% of its fixed-income platform. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside the U.S., with close to one third of its AUM sourced from Canada (2%), the U.K. (4%), continental Europe (11%), and Asia (15%).

Contact
1555 Peachtree Street, N.E., Suite 1800, Two Peachtree Pointe
Atlanta, GA, 30309
T +1 404 892-0896
Sector Financial Services
Industry Asset Management
Most Recent Earnings Jun 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type
Employees 8,483

Related

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.