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Invesco Ltd. (IVZ), headquartered in Atlanta, Georgia, is an independent investment management company with a market cap of $7 billion. The firm is recognized for its strong portfolio management and innovative strategies, providing a wide array of products that span equities, fixed income, alternatives, and multi-asset classes.
Shares Invesco have significantly underperformed the broader market over the past year. IVZ stock has declined 9.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 15.1%. In 2024 alone, IVZ tumbled 14.1% compared to SPX's 9% return on a YTD basis.