HOUSTON, March 26, 2012 /PRNewswire/ -- Invesco announced today that Invesco International ADR Growth Portfolio and its management team have been recognized as "best in class" in the International Equity category of the 2012 SMA Awards Program by Prima Capital and Investment Advisor magazine.
To be eligible for award consideration, a separately managed account must have at least $200 million in firm assets, a lead-manager tenure of at least three years, wide availability to investment advisors and wealth managers, and rate highly against Prima Capital's 13-factor due diligence process that includes such quantitative and qualitative criteria as firm quality, depth of resources, level of client service and customization, tax efficiency, and performance.
Managed by a veteran team led by Invesco International Growth Investment Management Unit CIO Clas Olsson, Invesco International ADR Growth Portfolio has $2.6 billion* in assets under management. Mr. Olsson has been a manager on the portfolio since its inception in 2001. The portfolio management team also includes Steve Cao, Matt Dennis, Jason Holzer and Mark Jason.
"This recognition reflects Invesco's strong investment culture and the sustained leadership Clas has provided for our talented and experienced International Growth investment team," said Phil Taylor, Senior Managing Director for Invesco Ltd. and Head of Invesco's North American retail business.
Mr. Olsson joined Invesco in 1994 as an investment officer and international portfolio analyst. When selecting stocks for the Portfolio, Mr. Olsson and his team use a long-term, bottom-up earnings, quality and valuation (EQV) strategy primarily focused on identifying quality companies that have experienced, or exhibit the potential for, accelerating or above-average earnings growth but whose valuations do not appear to fully reflect these attributes.
"This is a team award that recognizes a time-tested investment process," Mr. Olsson said. "And our management team is composed of individuals of multiple nationalities, a quality that further enhances our global perspective."
The 2012 SMA Award winners are featured in an online article at AdvisorOne.com and in the April issue of Investment Advisor magazine.
Any reference to a ranking, a rating or an award provides no guarantee for future performance results and is not constant over time.
About Invesco Ltd. Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
About Prima Capital Prima Capital, a Matrix Financial Solutions, Inc. and Broadridge Financial Solutions, Inc. affiliate company, is a leading provider of due diligence, research applications, asset allocation modeling, and multi-manager portfolios to the wealth management and retirement industries. For over a decade, Prima Capital has provided objective due diligence and powerful evaluation tools to advisors and wealth management firms of all types and sizes. This combination of advice and technology helps empower advisors and improve the efficiencies and distinction of wealth management programs. Today, Prima Capital is an independent source for information on managed account strategies (UMA and SMA), mutual funds, ETFs, and alternative investments through the PrimaGuide® research application and the Prima AllocationGuide(TM) proposal system. Prima Capital's Target Risk Portfolios bundle the best managers from Prima's objective research into a series of globally diversified, professionally constructed portfolios. For more information, visit www.primacapital.com.
About Investment Advisor Magazine With a circulation of 110,000, Investment Advisor is now in its 32nd year of serving independent and independent-minded investment advisors and financial planners across the United States through its monthly magazine and online at AdvisorOne.com. Investment Advisor and AdvisorOne.com are part of the Investment Advisor Group of Summit Business Media, LLC, which includes Research magazine and AdvisorBiz.com.
Summit Business Media is a leading B2B media and information company for the insurance, investment, and professional services markets. Investment Advisor offers information and analysis on wealth management, retirement planning, investment strategies, practice management, compliance and regulatory issues, and insurance and tax planning, all designed to help registered investment advisors and independent broker/dealer representatives become more successful. For more information, visit www.AdvisorOne.com.
NOT FDIC INSURED, MAY LOSE VALUE, OFFER NO BANK GUARANTEE
*As of March 23, 2012.
This not to be construed as an offer to buy or sell any financial instruments. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing. For information about this and other Invesco separately managed accounts, please contact us at 800-349-0953.