Invesco Funds Group, Denver, has introduced a program in which the company contributes money to colleges on behalf of investors.

The Invesco Legacy Program, unveiled at the beginning of the month, provides annual donations to nonprofit colleges and universities. The company, a unit of London-based Amvescap PLC, said the program is the first of its kind in the mutual fund industry.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.