Invesco Lost a Big SWF Equity Mandate

Posted on 10/20/2018


Invesco celebrated its landmark acquisition to acquire OppenheimerFunds from MassMutual. Invesco faced some outflows on its active management side of the business. In the third quarter of 2018, Invesco had outflows from two sovereign wealth funds, which totaled approximately US$ 2.5 billion. The wealth fund contributed to the largest outflow and it was not a […]