INVESCO Launches GTAA Portable Alpha Strategy

ATLANTA, Aug. 7 /PRNewswire-FirstCall/ -- INVESCO has launched a newinstitutional portable alpha strategy that combines traditionalinternational equity index exposure with the firm's Global Tactical AssetAllocation (GTAA) capability. The INVESCO GTAA Alpha Overlay -International Equity strategy, initially funded with $500 million inDecember 2006, is designed to outperform the MSCI EAFE Index with a lowcorrelation to traditional markets. "This new strategy was created in response to client interest inincreasing their exposure to international equities while seeking non-traditional sources of alpha such as GTAA," said Kirk Holland, ManagingDirector of INVESCO's Atlanta Investment Group. Launched in 2001, INVESCO's GTAA strategy is managed by the firm'sAtlanta-based Multiple Asset Strategies investment team. The team managesGTAA and Multi-Strategy portfolios for clients worldwide. The investmentapproach encompasses a disciplined, quantitative, three-step investmentprocess that emphasizes a wide breadth of decisions across asset classes,countries, currencies and commodities. INVESCO PLC is a leading independent global investment manager,dedicated to helping people worldwide build their financial security.Operating under the AIM, AIM Trimark, Atlantic Trust, INVESCO, InvescoPerpetual, PowerShares and WL Ross brands, INVESCO PLC strives to deliveroutstanding products and services through a comprehensive array of enduringinvestment solutions for our retail, institutional and private wealthmanagement clients around the world. The company is listed on the London,New York and Toronto stock exchanges with the symbol "IVZ." For moreinformation, go to http://www.invesco.com.