AMVESCAP

From Wikipedia, the free encyclopedia

AMVESCAP plc

Type	Public
Founded	1997
Headquarters	London, United Kingdom
Key people	Rex D. Adams, Chairman Martin L. Flanagan, President & CEO
Industry	Financial Services
Products	investment manager
Revenue	£2.2 billion (year to 31/03/2006)
Net income	£435 million (year to 31/03/2006)
Employees	5,499
Website	http://www.amvescap.com

AMVESCAP plc (LSE: AVZ, NYSE: AVZ) is an investment management company based in London, England. It is quoted on the London Stock Exchange and is a member of the FTSE 100 Index. It has branches in 19 countries, but more than half of its business is in the United States. AMVESCAP operating under the AIM, INVESCO, AIM Trimark, Invesco Perpetual and Atlantic Trust brands.

AMVESCAP has been through financial difficulties in recent times due to the weakness of international stock markets, and made losses after goodwill amortization in 2003 and 2004. Funds under management for the quarter ending 31 September 2006 were 440.6 billion U.S. dollars.