According to the firm, a team of 13 investment professionals from Invesco Global Asset Management (N.A.), Inc., will provide new management leadership for the fund. The fund’s new investment team, which takes over management responsibility immediately, includes portfolio managers Ingrid Baker, W. Lindsay Davidson, Michele Garren, Erik Granade, and Kent Starke. The five portfolio managers named to the fund have an average of 24 years of investment experience.
The new team replaces portfolio manager Glen Hilton, who has left the firm.
“We welcome the opportunity to provide fund shareholders with access to a much larger and more experienced group of portfolio managers and investment professionals at Invesco who take a team approach to managing global equity portfolios,” said Phil Taylor, Senior Managing Director and Head of Invesco’s North American retail asset management business, including Invesco Aim.
Decisions regarding U.S. and foreign stock selections in the fund’s portfolio are part of an integrated and disciplined process that uses a committee structure, according to the firm.
In addition, effective July 24, the fund’s name will change to AIM Global Core Equity Fund to better reflect the fund’s positioning in the global core space.