Hedge Funds

Invesco starts quant suite


As giant investment institutions look increasingly to move into the hedge fund world, Invesco, a subsidiary of Amvescap, is the latest to gear up for an expansion of its global hedge fund presence. The group will launch funds focusing on the U.S., Europe and possibly Asia over the coming 12 months.

However, rather than build on equity talent out of its impressive long-only fund stable in the manner of a Gartmore or Threadneedle, Invesco's move into hedge funds is being driven by its structured products group. This is an internal entity of 56 people, headed up by Don