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INVESCO Funds Group Triples Assets

DENVER-Growth pushes funds under investment from $16 billion to $50 million.

By Connie Gore | Updated on July 29, 2000

Denver-based INVESCO Funds Group has tripled its assets in the past 21/2 years, making it the nation’s fastest-growing mutual funds company, according to a recent analysis by Strategic Insight.

INVESCO chairman and CEO Mark Williamson says $1 out of every $20 invested in today’s mutual fund market is handled by his firm, which has $50 billion in assets under management in comparison to $16 billion just two years ago. Denver-based INVESCO Funds Group is a subsidiary of AMEVSCAP PLC, an international investment management company with more than $391 billion in assets under management as of March 31.

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