MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, January 2, 2002 Invesco Takes on New Distribution Responsibilities As of the beginning of 2002, Invesco Funds Group will be distributing Invesco GT's offshore funds domestically. Invesco will be offering 50 mutual funds to non-resident clients through the following channels: broker/dealers, banks, independent financial advisors, and insurance companies. Ray Cunningham, president of Invesco Funds Group, stated that offshore funds offer a good business opportunity for the firm. "Invesco Global is an industry leader in managing offshore products and by partnering with Invesco Funds Group, who has done a tremendous job building relationships with financial advisors, we will provide the service needed to meet our clients demands," added Rino Schena, head of Invesco's Non-Resident Client business. "INVESCO has the infrastructure to help advisors build their businesses with these products and provide value to their customers." Printed from: MFWire.com/story.asp?s=1501 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |