Invesco, AIM Funds to Undergo Major Overhaul
The fund families will merge and change the management of several offerings.
All told, the London-based firm is merging away 14 Invesco funds and six AIM funds, and replacing several managers, including Charles Mayer, Invesco’s director of value and fixed-income investments, according to filings with the Securities and Exchange Commission. If shareholders approve, the consolidations could take place in November.
Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.