Invesco to expand its ability to meet client needs in EMEA and globally by acquiring Source, a leading independent provider of ETFs

Invesco to expand its ability to meet client needs in EMEA and globally by acquiring Source, a leading independent provider of ETFs

Invesco Ltd. (NYSE: IVZ) announced today that it has entered into a definitive agreement to acquire Source, a leading, independent specialist provider of exchange-traded funds (ETFs) based in Europe.  The transaction includes approximately $18 billion in Source-managed AUM, plus approximately $7 billion in externally managed AUM (as of March 31, 2017).  The acquisition brings additional talent and a broad array of funds that further expand the depth and breadth of Invesco's active, passive and alternative capabilities and expertise, enhancing the firm's ability to help clients achieve their investment objectives.