Invesco Ltd.'s financial performance, SWOT analysis, and governance structure

Invesco Ltd: Executive Summary

Invesco Ltd. is one of the largest independent investment managers globally. The company states that it "strives to deliver outstanding products and services through a comprehensive array of enduring investment solutions for our retail, institutional and private wealth management clients around the world." (Invesco, Ltd., 2013, p.1) In addition, the company states that it employs approximately 740 investment professionals globally and has a presence in 20 countries although it serves clients in excess of 150 countries. The benefits Invesco's services are inclusive of: (1) Invesco's commitment to investment excellence; (2) Invesco's depth of investment capabilities; and (3) the company's "organizational strength." (, p.1)

Results Reported for Three Months Ending June 30, 2013

Invesco Ltd. reported that its emphasis on the delivery of "strong, long-term investment performance to our clients contributed to a 26.9% increase in operating income in the second quarter compared to the same period last year. Strong investment performance and a continued focus on meeting client needs drove positive long-term net flows during the quarter and helped the firm strengthen its operating margin to 39.3% from 35.7% a year ago." (Invesco, Ltd., 2013, p.1) Invesco reports that the total assets under management (AUM) as of June 30, 2013 totaled $705.6 billion. The reported total net inflows were $1.4 billion and net market losses $1. 3 billion and $30.5 billion in the second and first quarters in AUM of 2013 respectively. The foreign exchange rate movements were reported to have resulted in a $2.2 billion decrease in AUM in the second as compared to an $8.9 billion decrease in the first quarter 2013.

III. Corporate Governance

The corporate governance of Invesco is such that it is required that a majority of directors must be "independent directors" and at least three directors are required to "satisfy the additional independence requirements for audit committee members under the Applicable Corporate Governance Listing Standards and Section 10A (n)(3) of the U.S. Securities and Exchange Act of 1934." (Invesco, 2013, p.1) It is reported that the Board enabled by the assistance of the Nomination and Corporate Governance Committee will be required to made identification or to develop continuing education for the directors. It is reported that the Board enabled with the Compensation Committee is charged with overseeing the planning for succession management and that this includes "policies and principles for the selection and performance review of the Chief Executive Officer, as well as policies regarding succession in the event of an emergency or the retirement of the Chief Executive Officer." (Invesco, 2013, p.1)