Toby Cozzolino ’19 pitched Invesco (IVZ) to the Student Managed Investment Fund (SMIF) on October 23, 2018. Founded in 1935, Invesco manages nearly $1 trillion in investment assets for retail and institutional clients. The firm’s primary investment categories include equities, fixed income, alternatives, money market, and balanced funds. The company has a robust lineup of actively managed investment funds with a growing presence in passive products. Management looks forward to driving growth through a variety of revenue streams, including multi-asset & alternatives, traditional & smart beta ETFs, and digital investment services. The company has experienced above-average organic growth while also promoting expansion through a series of strategic acquisitions. Following Invesco’s expected acquisition of OppenheimerFunds in the second quarter of 2019, the combined firm will manage a total of $1.2 trillion in client assets. The class voted to buy 700 shares of IVZ.