A Claims Management Company

mis-sold Asset Management by Invesco

Latest Update: 6th December, 2018 (Financial Ombudsman Service)

Case Points

Total amount invested

Unknown

Why did people invest in it?

Invesco Asset Management Ltd was founded in March 1969 as the UK branch of the wider Invesco Group that based in Atlanta, Georgia.

Why was it mis-selling?

In 2014, the firm was fined £18,643,000 for failings related to fund management which exposed customers to unacceptable levels of risk.

Potential value of cases

Unknown

Summary

Invesco Asset Management Ltd is a financial advice firm that serves as the UK arm of the wider Invesco Group. The UK branch was incorporated in 1969 and currently has two major offices in the UK, one in Henley-on-Thames, and the other in Portman Square, London. The firm has been regulated by the Investment Management Regulatory Organisation, the Financial Services Authority, and most recently by the Financial Conduct Authority. It is authorised by the FCA under FRN 122674.

Between 2013 and 2018, the firm has seen 10 cases reach decision at the Financial Ombudsman Service, with 4 of the 10 being upheld in favour of the client. Other branches of Invesco, including Invesco Fund Managers and Invesco Perpetual Life, have another 22 decisions from the Financial Ombudsman Service in this timeframe.

In 2014, Invesco Asset Management was fined £18,643,000 for failings that caused customers to be exposed to unacceptable levels of risk. Between 2008 and 2012, the firm did not comply with investment limits, causing losses to consumers of over £5 million.

You are likely to have a potential claim on the basis of advice from a regulated firm. The claim above is only an example of a potential claim. Each claim is judged on its individual merits and as such, we cannot guarantee that your individual claim will be successful or that you indeed may have grounds for a claim.

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