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Rating:Invesco Goes Big in Alts Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, October 1, 2013

Invesco Goes Big in Alts

Reported by Katie Lobosco

Invesco [profile] filed to launch eight new mutual products that will make up a suite of liquid alternative funds.

The new open-end funds will reportedly utilize various alternative strategies, including market neutral, unconstrained equity, long/short equity, global macro and multi-strategy, as well as low-volatility emerging markets, according to Invesco.

"We see the need for a shifting focus from asset allocation to what we call risk allocation, meaning an intentional addition or recalibration of strategies in a portfolio to help create a strong foundation for weathering market cycles," said Andrew Schlossberg, head of U.S. retail distribution and global ETFs at Invesco.

Here is the press release:
Company Press Release

Invesco expanding suite of liquid alternative funds to help financial advisors and investors better manage risk in portfolios



HOUSTON, Oct. 1, 2013-- Invesco has filed for SEC registration of eight new mutual funds that are a suite of liquid alternative funds leveraging the strength of the firm's global investment management capabilities and 30-year history of alternative investing. These new funds expand Invesco's existing range of alternative mutual funds to provide financial advisors and investors with additional tools to manage risk when building portfolios. 

The new open-end funds will cover various alternative strategies, including market neutral, unconstrained equity, long/short equity, global macro and multi-strategy, as well as low-volatility emerging markets.

Through more than 200 investment professionals across North America, Europe and Asia-Pacific, Invesco already manages more than $83 billion in alternatives across such major asset classes as commodities, balanced risk, bank loans, real estate and private equity. These products span open- and closed-end funds, ETFs, unit trusts, institutional trusts, separate accounts and private placements.

"Financial advisors and investors are increasingly looking to incorporate liquid alternatives to dampen volatility, provide diversification benefits and reduce correlation1 to traditional equity and fixed income holdings," said Andrew Schlossberg, Head of U.S. Retail Distribution and Global ETFs. "We see the need for a shifting focus from asset allocation to what we call risk allocation, meaning an intentional addition or recalibration of strategies in a portfolio to help create a strong foundation for weathering market cycles.

"We also believe financial advisors and individual investors will appreciate insights and resources designed to strengthen their knowledge on ways liquid alternatives can more effectively work with other types of investments to meet their financial goals." Given this clear evolution in the investing landscape, Invesco is not only providing additional product, but also developing a comprehensive education program designed to help financial advisors who are evaluating alternative strategies that may benefit their clients. Building upon Invesco's Risk Institute framework, advisors will be able to access:

-Invesco's leaders in risk management concepts.

-Tools to leverage its risk-management approach through risk education materials and strategies for risk-aware portfolio implementation.

-Consulting and thought leadership programs to help in the communication of risk topics to clients.

About Invesco Ltd.

?Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for its STIC Global Funds. It is a wholly owned, indirect subsidiary of Invesco Ltd. Certain investment products mentioned are available through affiliates of Invesco Distributors, Inc.

NOT FDIC INSURED, MAY LOSE VALUE, OFFER NO BANK GUARANTEE

Before investing, investors should carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the fund(s), investors should ask their advisers for a prospectus/summary prospectus or visit invesco.com/fundprospectus.

Alternative products typically hold more non-traditional investments and employ more complex trading strategies, including hedging and leveraging through derivatives, short selling and opportunistic strategies that change with market conditions. Investors considering alternatives should be aware of their unique characteristics and additional risks from the strategies they use. Like all investments, performance will fluctuate. You can lose money.

1Correlation indicates the degree to which two investments have historically moved in the same direction and magnitude.

All data as of 09/13 unless otherwise noted.

Diversification does not guarantee a profit or eliminate the loss of risk.
 

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