ATLANTA, Aug. 7 /CNW/ -- INVESCO has launched a new institutional
portable alpha strategy that combines traditional international equity index
exposure with the firm's Global Tactical Asset Allocation (GTAA) capability.
The INVESCO GTAA Alpha Overlay - International Equity strategy, initially
funded with $500 million in December 2006, is designed to outperform the MSCI
EAFE Index with a low correlation to traditional markets.
"This new strategy was created in response to client interest in
increasing their exposure to international equities while seeking non-
traditional sources of alpha such as GTAA," said Kirk Holland, Managing
Director of INVESCO's Atlanta Investment Group.
Launched in 2001, INVESCO's GTAA strategy is managed by the firm's
Atlanta-based Multiple Asset Strategies investment team. The team manages
GTAA and Multi-Strategy portfolios for clients worldwide. The investment
approach encompasses a disciplined, quantitative, three-step investment
process that emphasizes a wide breadth of decisions across asset classes,
countries, currencies and commodities.
INVESCO PLC is a leading independent global investment manager, dedicated
to helping people worldwide build their financial security. Operating under
the AIM, AIM Trimark, Atlantic Trust, INVESCO, Invesco Perpetual, PowerShares
and WL Ross brands, INVESCO PLC 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. The company is listed on the London, New York and Toronto stock
exchanges with the symbol "IVZ." For more information, go to
For further information:
For further information: Bill Hensel, Director, Media Relations of
INVESCO, +1-404-479-2886 Web Site: http://www.invesco.com