Invesco Ltd. : Invesco's Balanced-Risk Allocation Strategy Recognized as Category Winner in aiCIO Industry Innovation Awards
09/06/2012| 03:05pm US/Eastern
HOUSTON, Sept. 6, 2012 /PRNewswire/ -- Invesco's Balanced-Risk Allocation strategy has been named the winner of the Strategic Beta Management category for the 2012 aiCIO Industry Innovation Awards. A presentation ceremony will be held Dec. 4 in New York.
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The aiCIO Industry Innovation Awards are split into two general categories, including asset management/servicing, and are chosen entirely by the aiCIO editorial team using input from their advisory board as well as surveys and applicable data.
The aiCIO editorial team cited a combination of the Invesco Balanced-Risk Allocation strategy and Invesco's strong advocacy for the inclusion of risk-parity strategies within defined contribution plans and target-date funds for providing the advantage needed in the competitive Strategic Beta Management category.
"This award continues the strong recognition for our risk-balanced management approach that has served retail and institutional investors well," said Scott Wolle, CIO of Invesco Global Asset Allocation. "It's a strategy we believe will become increasingly important to plan sponsors and their participants going forward, whether through an allocation within a custom target-date fund glide path as a better balanced fund, or through our target-date series."
With the convergence of two trends - the transition of defined contribution plans to a primary means of retirement savings and the projected concentration of assets in target-date funds - many companies are re-examining their target-date fund options.
The Invesco Balanced-Risk Allocation strategy invests in bond, equity, and commodity markets and seeks to build a portfolio that may perform well in diverse economic environments while balancing investment risk. For those companies with custom target-date funds, the strategy can help plan sponsors balance the risk across the glide path of their target-date funds so plan participants are less reliant on any specific type of economic environment for their retirement security.
For those using target-date funds from a single asset manager, Invesco offers the Invesco Balanced-Risk Retirement funds.
These funds are anchored by the Invesco Balanced-Risk Allocation Fund and feature an innovative glide path where money market funds are introduced into the allocation 10 years prior to the respective fund's target date to begin the transition from a total return strategy (100% Invesco Balanced-Risk Allocation Fund) to a real return strategy.
Invesco's Global Asset Allocation team managed more than $11 billion in risk-parity mandates as of June 30, 2012.
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.
Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for its STIC Global Funds. Invesco Distributors, Inc. is a wholly owned, indirect subsidiary of Invesco Ltd.
Under normal conditions, the Invesco Balanced-Risk Allocation strategy invests in derivatives and other financially-linked instruments whose performance is expected to correspond to U.S. and international fixed income, equity and commodity markets. However, the performance of the asset classes cannot be guaranteed.
The derivative investments and enhanced investment techniques (such as leverage) used by the portfolio are subject to greater risks than those associated with investing directly in securities or more traditional instruments.
A target-date fund identifies a specific time at which investors are expected to begin making withdrawals (i.e., 2020, 2030). The principal value of the fund is not guaranteed at any time, including at the target date.
An investment in a money market fund is not ensured or guaranteed by the FDIC or any other government agency. Although the funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.
NOT FDIC INSURED, MAY LOSE VALUE, OFFER NO BANK GUARANTEE
Before investing, investors should carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the fund(s), investors should ask their advisers for a prospectus/summary prospectus.