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Invesco PowerShares (formerly PowerShares Capital Management) is an American boutique investment management firm based in suburban Chicago. The firm manages a family of exchange-traded funds or ETFs. [1] [2] The company has been part of Invesco, which markets the PowerShares product, since 2006.
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Invesco Ltd. is an American independent investment management company that is headquartered in Atlanta, Georgia, with additional branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. [3] Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.
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Morgan Stanley merged the business with its own money management business but continued to use the Van Kampen name. [6] In 2009, Morgan Stanley announced that Van Kampen would be sold to Invesco for $1.5 billion. [2] Invesco later dissolved the Van Kampen funds' boards of directors, [7] and eliminated the use of the Van Kampen name in funds in ...
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