Invesco UK Appoints BNY Mellon Asset Servicing Offshore Servicing Provider

BNY Mellon Asset Servicing, the securities servicing, has been appointed by Invesco to provide global custody, fund accounting and fund administration services for assets valued over $50 billion within a portfolio of 135 funds domiciled in Dublin, Luxembourg and the

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BNY Mellon Asset Servicing, the securities servicing, has been appointed by Invesco to provide global custody, fund accounting and fund administration services for assets valued over $50 billion within a portfolio of 135 funds domiciled in Dublin, Luxembourg and the UK.

Invesco is one of the world’s leading investment management companies, with $357.2 billion in assets (as of December 31, 2008) and operations in 20 countries.

This is the first time that Invesco has contracted with a third party to provide fund accounting services for its UK funds and its range of Dublin and Luxembourg offshore funds.

Under the terms of the new arrangement, the Invesco employees currently delivering these services have been offered career opportunities with BNY Mellon.

“Invesco has made significant strides in recent years to enhance our worldwide operations to the benefit of our clients and our shareholders,” says John Rowland, Invesco’s head of investment operations. “This arrangement with BNY Mellon as a provider of leading asset servicing capabilities further supports our commitment to continuous improvement in this area.”

“We are delighted to have this opportunity to deepen our strong relationship with Invesco and extend a warm welcome to our new employees,” says Nadine Chakar, executive vice-president and head of Europe, Middle East & Africa at BNY Mellon Asset Servicing. “Invesco’s decision to partner with BNY Mellon underlines the breadth of our product set, our flexible service model and our ongoing commitment to trust, teamwork and out-performance.”

D.C.

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