Skip to main content
MENU
Subscribe
  • Subscribe
  • Account
  • LOGIN
  • Topics
    • Alternatives
    • Consultants
    • Coronavirus
    • Courts
    • Defined Contribution
    • ESG
    • ETFs
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Opinion
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Russia-Ukraine War
    • SECURE Act 2.0
    • Special Reports
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • WPS Innovation Awards
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • ESG Sustainability - Gaining Momentum
    • Climate Change: The Inescapable Opportunity
    • Impact Investing
    • 2022 ESG Investing Conference
    • ESG Rated ETFs
  • Defined Contribution
    • Latest DC News
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • Trends in DC: Focus on Retirement Income
    • 2022 Defined Contribution East Conference
    • 2022 DC Investment Lineup Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Performance Data
    • P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
    • Future of Investments Research Series
    • Charts & Infographics
    • Polls
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
    • 2022 Retirement Income Conference
    • 2022 Managing Pension Risk & Liabilities
    • 2022 WorldPensionSummit
Breadcrumb
  1. Home
  2. MONEY MANAGEMENT
December 08, 2014 12:00 AM

Invesco

Based: Atlanta | Ranks 3rd among firms with 1,000 or more employees

Hazel Bradford
  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print
    Ed Thompson
    Colin Meadows, Wash Dender and Karen Dunn Kelley

    Updated with correction

    For a multibillion-dollar global company with more than 6,000 employees, Invesco Ltd. still acts like a much smaller one when it comes to core values.

    “We feel as a company that we've come such a long way in really establishing a highly collaborative culture. That permeates everything we do,” said Colin Meadows, senior managing director and chief administrative officer in the Atlanta headquarters. “We thought about: Why would someone want to come? Why would someone want to stay?”

    People stay, he said, because the culture fosters direct and open communication and collegiality. Then there is the continuing education, which emphasizes cross-cultural understanding of what the firm does in the 20 countries in which it operates. “You want to get a 360-degree view,” said Mr. Meadows.

    That feeling was echoed in Pensions & Investments' Best Places to Work in Money Management survey. “People are friendly and helpful to colleagues. I have seen this over and over throughout locations and departments,” said one employee. “A total focus on people from around the world gives me a wonderful perspective that is enriching to me and I think to my company,” said another.

    Its emphasis on learning led the company to launch in 2012 its Intentional Innovation program, which encourages innovative uses of technology to enhance the company's investment and operational performance. So far, it's been a success, with 1,200 participants producing 134 new ideas and a lot of enthusiasm.

    “It is exciting to see where we go in the next 10 years,” said one employee response.

    Collaboration is so important that employees are rated in their annual performance reviews for collaboration and teamwork, and get special recognition through the Invesco Principles at Work program for embodying those traits. Along with regular networking forums, female employees in seven major cities have taken advantage of the Invesco Women's Network, used to help the company's ability to attract, retain and advance women at all levels and across all functions.

    All the effort pays off in the bottom line, too, said Karen Dunn Kelley, senior managing director for investments. “It is an investment culture. We believe in continuous performance excellence.” With 432 investment professionals based in the U.S., and clients in 150 countries, “it's very interesting to get someone with a different perspective. We have a unique way of looking at things.”

    According to the company's own employee engagement survey, two-thirds of employees do get to work with someone from a different geographical area on a regular basis. The workforce “looks like the U.N.,” said Washington Dender, head of human resources. “We hire people that have a respect for cultural diversity. We offer that as one real benefit,” he said.

    In P&I's survey, employees also raved about a work/life balance that includes flexible hours and a high number of people working from home, and what one employee calls the “meritocracy” that lets people feel appreciated for their efforts.

    Team input is not only encouraged, but highly valued,” said one employee response.

    It also helps to have a rigorous interview process that includes having candidates interview with others outside of their core competency. That, plus the emphasis on connection and collaboration, makes retention a non-issue, with less than 5% turnover among investment professionals and less than 8% companywide.

    There is another rule that helps employees feel “like a big family,” as one worker said in the survey: “Everybody has to have fun every day,” said Ms. Kelley. That's important, said Mr. Meadows. “Folks like coming to work every day,” he said.

    Related Articles
    Best places to work: winners of 2014
    Principal Financial Group
    Neuberger Berman
    Transamerica Retirement Solutions
    BlackRock Inc.
    Ingredients for a great place to work
    Principal Financial Group
    Neuberger Berman
    Transamerica Retirement Solutions
    BlackRock Inc.
    Recommended for You
    GSAM's head of liquidity solutions to retire at end of year
    Asset managers affirm they'll pay for travel
    Asset managers affirm they'll pay for travel
    Matthew Beesley
    Jupiter Fund Management appoints new CEO
    ESG: Sustainability - Gaining Momentum
    Sponsored Content: ESG: Sustainability - Gaining Momentum

    Reader Poll

    July 6, 2022
    SEE MORE POLLS >
    Sponsored
    White Papers
    Nearing the finish line: Ideas on end-state investing for corporate DB plans
    The Meaning of "Portfolio Intelligence"
    Credit Indices: Closing the Fixed Income Evolutionary Gap
    Forever in Style: Benchmarking with the Morningstar® Broad Style Indexes℠
    Crossroads: Politics, Inflation, & Bonds
    Is there a mid-cap gap in your DC plan?
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    July 4, 2022 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Content Solutions
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Consultants
      • Coronavirus
      • Courts
      • Defined Contribution
      • ESG
      • ETFs
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Opinion
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Russia-Ukraine War
      • SECURE Act 2.0
      • Special Reports
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • ESG Sustainability - Gaining Momentum
      • Climate Change: The Inescapable Opportunity
      • Impact Investing
      • 2022 ESG Investing Conference
      • ESG Rated ETFs
    • Defined Contribution
      • Latest DC News
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • Trends in DC: Focus on Retirement Income
      • 2022 Defined Contribution East Conference
      • 2022 DC Investment Lineup Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Performance Data
      • P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
      • Future of Investments Research Series
      • Charts & Infographics
      • Polls
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
      • 2022 Retirement Income Conference
      • 2022 Managing Pension Risk & Liabilities
      • 2022 WorldPensionSummit