What is Invesco's approach to product development, globally?
Invesco regularly reviews its existing product line and works to bring quality investments to clients in different regions or channels. The firm offers a comprehensive product line by investment asset class, geography, and investment vehicle. From time-to-time, there exist opportunities to expand or rationalize the product offering. To facilitate this process, product introductions and rationalizations are vetted carefully through an overall process which is a combination of a global committee, coupled with regional product development forums and a global performance measure and risk function. These committees and forums are in place to ensure investment and operational merits of new products, and include a collection of leaders within Product Development, Investments, Operations, Legal and Compliance. This approach enables the firm to introduce investment strategies that are aligned with client expectations, represent the best of the firm, and will have longevity in their ability to achieve their stated investment processes and philosophy.