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Invesco secures IOOF passive mandates

Invesco secures IOOF passive mandates 18 May 2021 Invesco has picked up more than $23.1 billion in index investments with IOOF, after US rival Vanguard dumped the contract. The 14 index mandates within the former ANZ pensions and investments business, which form the OneAnswer index funds as well as the Smart Choice and OnePath diversified funds, will transfer to Invesco by early June.  ); googletag.cmd.push(function() { googletag.display( div-gpt-ad-1606778578862-0 ); }); } IOOF deputy chief investment officer and head of equities, Stanley Yeo, led the decision.  “Invesco was selected based on its high aggregate score across the following criteria: portfolio construction, implementation and risk management, business management, smart beta capabilities and ESG credentials,” Mr Yeo said.  ....

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