INVESCO Funds Group Triples Assets

Denver-based INVESCO Funds Group has tripled its assets in the past 21/2 years, making it the nation’s fastest-growing mutual funds company, according to a recent analysis by Strategic Insight.

INVESCO chairman and CEO Mark Williamson says $1 out of every $20 invested in today’s mutual fund market is handled by his firm, which has $50 billion in assets under management in comparison to $16 billion just two years ago. Denver-based INVESCO Funds Group is a subsidiary of AMEVSCAP PLC, an international investment management company with more than $391 billion in assets under management as of March 31.