Invesco takes bite out of Big Apple
Global investment management company Invesco has moved its listing from the London to the New York Stock Exchange (NYSE) in a bid to increase its presence in the United States.
“The move of our primary stock listing from the London Stock Exchange to the NYSE marks a major milestone for Invesco that further enhances our visibility in this critical market by providing direct comparability with our peer global investment management firms,” said president and chief executive Martin Flanagan.
In a statement to media, Invesco said that the NYSE listing would also enable the company to operate under a single regulator.
Invesco is one of the world’s largest independent investment managers, with more than $571 billion in assets under management. The company’s Australian division, Invesco Australia, has operated as a specialist investment manager for more than 20 years.
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