Invesco Aim to Draw Upon Management Capabilities of Invesco Worldwide Fixed Income for Several AIM Funds
HOUSTON--(Business Wire)--
Invesco Aim(SM) announced today it will draw from the breadth of
investment experience within Invesco Worldwide Fixed Income to provide
management for seven AIM fixed-income funds and the fixed-income
portion of AIM Basic Balanced Fund.
In an effort to bring the best of Invesco to AIM fund
shareholders, fixed-income resources of the global firm have been
integrated into Invesco Worldwide Fixed Income, which combines the
experience of 125 investment professionals across the globe and
manages over $160 billion in assets in global fixed income, money
market, stable value, and alternative mandates. The following changes
were prompted by the expansion of roles for senior portfolio managers
Jan Friedli and Carolyn Gibbs within Invesco Worldwide Fixed Income.
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Fund Previous Management New Management
Team Team
------------------------------- -------------------- -----------------
AIM Basic Balanced Fund Bret Stanley (lead), Bret Stanley
Canon Coleman, Jan (lead), Canon
Friedli, Brendan Coleman, Brendan
Gau, Matthew Gau, Mark
Seinsheimer, Gilley, Matthew
Michael Simon Seinsheimer,
Michael Simon
------------------------------- -------------------- -----------------
AIM Core Bond Fund Jan Friedli (lead), Brendan Gau
(Formerly AIM Total Return Bond Brendan Gau (lead), Mark
Fund) Gilley
------------------------------- -------------------- -----------------
AIM High Yield Fund Peter Ehret (co- Peter Ehret
lead), Carolyn (lead), Carolyn
Gibbs (co-lead), Gibbs, Darren
Darren Hughes Hughes
------------------------------- -------------------- -----------------
AIM Income Fund Jan Friedli (lead), Brendan Gau
Peter Ehret, (lead), Peter
Brendan Gau, Ehret, Mark
Carolyn Gibbs, Gilley, Darren
Darren Hughes Hughes
------------------------------- -------------------- -----------------
AIM LIBOR Alpha Fund Brendan Gau (lead), Brendan Gau
Chuck Burge, Jan (lead), Chuck
Friedli, Mark Burge, Mark
Gilley Gilley
------------------------------- -------------------- -----------------
AIM Limited Maturity Treasury Jan Friedli (lead), Brendan Gau
Fund Brendan Gau (lead), Scot
Johnson
------------------------------- -------------------- -----------------
AIM Short Term Bond Fund Jan Friedli (lead), Brendan Gau
Brendan Gau (lead), Mark
Gilley
------------------------------- -------------------- -----------------
AIM U.S. Government Fund Jan Friedli (lead), Brendan Gau
(Formerly AIM Intermediate Brendan Gau (lead), Scot
Government Fund) Johnson
------------------------------- -------------------- -----------------
*T
Mr. Friedli has assumed the role of Head of Global Process
Management, which will be charged with continued development and
maintenance of the investment platform covering quantitative analysis
capabilities, risk management, coordination of investment-related
technologies and investment process oversight.
Ms. Gibbs has assumed the role of Investment Product Head of
Retail Fixed Income, serving as a senior member of the group's
management team in an oversight capacity for retail investment
products.
"Being part of one of the world's largest independent global
investment management firms enables us to draw upon Invesco's
distinctive worldwide investment management capabilities for the
potential benefit of fund shareholders," said Philip Taylor, Senior
Managing Director and Head of Invesco's North American retail
business, including Invesco Aim. "In addition, part of the strength of
our investment culture lies in the continuous development of talent
from within our firm."
Two funds also are changing names to better reflect their
investment mandates. Effective today, AIM Total Return Bond Fund is
now AIM Core Bond Fund and AIM Intermediate Government Fund has been
renamed AIM U.S. Government Fund.
About Invesco Aim
Invesco Aim is dedicated to building solutions for its clients
with exceptional products and services through multiple investment
management styles and a broad range of investment portfolios - mutual
funds, exchange-traded funds, retirement products, separately managed
accounts for high-net-worth and institutional investors, annuities,
cash management, college savings plans and offshore products. For more
information, visit www.invescoaim.com. Invesco Aim is a service mark
of Invesco Aim Management Group, Inc. Invesco Aim Advisors, Inc.,
Invesco Aim Capital Management, Inc., Invesco Aim Private Asset
Management, Inc. and Invesco PowerShares Capital Management LLC are
the investment advisors for the products and services represented by
Invesco Aim; they each provide investment advisory services to
individual and institutional clients and do not sell securities.
Invesco Aim Distributors, Inc. is the distributor for the retail
mutual funds, the exchange-traded funds and U.S. institutional money
market funds represented by Invesco Aim. All of these entities are
indirect, wholly owned subsidiaries of Invesco Ltd.
About Invesco
Invesco is a leading independent global investment management
company, dedicated to helping people worldwide build their financial
security. By delivering the combined power of our distinctive
worldwide investment management capabilities, including AIM, Atlantic
Trust, Invesco, Perpetual, PowerShares, Trimark, and WL Ross, Invesco
provides a comprehensive array of enduring investment solutions for
retail, institutional and high-net-worth clients around the world.
Operating in 20 countries, the company is listed on the New York Stock
Exchange under the symbol IVZ. Additional information is available at
www.invesco.com.
Note to editors -- We are required to include the following
information with our news release:
Consider the investment objectives, risks, and charges and
expenses carefully before investing. For this and other important
information about any AIM fund, please obtain a prospectus from your
financial advisor and read it carefully before investing.
Invesco Aim Distributors, Inc.
Invesco Aim, Houston
Ivy McLemore, 713-214-1904
ivy.mclemore@invescoaim.com
or
David Bachert, 713-214-1465
david.bachert@invescoaim.com
Copyright Business Wire 2008
