Invesco Ltd. (IVZ) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Invesco Ltd. surfaced in its latest filing.

• As of December 31, 2025, the company had approximately $1,166.3 million in seed capital and co-investments.December 31, 2025
• Goodwill and intangible assets totaled $8,477.1 million and $3,927.3 million, respectively, at December 31, 2025.December 31, 2025
• Recorded a non-cash impairment of $1,794.9 million related to indefinite-lived intangible assets from acquired U.S. retail mutual fund management contracts during the year ended December 31, 2025.December 31, 2025
• Approximately $2.5 billion of perpetual preferred stock remains outstanding out of the $4 billion issued for the acquisition of OppenheimerFunds Inc.; repurchased $1.5 billion in 2025.
• As of December 31, 2025, our minimum regulatory capital requirement was $309.9 million.December 31, 2025
• U.S. Department of Treasury’s Outbound Investment Security Program Rule, effective 2025, may impede certain products or investments.2025
• EU Sustainable Finance Disclosure Regulation proposed changes in 2025 will significantly alter funds’ ESG features and categorizations.2025
• Bermuda enacted a 15% corporate tax effective January 1, 2025.January 1, 2025
• EU AI Act, portions already in force with more to follow this year and future years.
• EU Corporate Sustainability Reporting Directive imposes new ESG disclosure requirements on EU and non-EU groups with substantial EU activities.
• U.S. Bank Secrecy Act amendments require U.S. registered investment adviser subsidiaries to implement AML/CFT programs, file suspicious activity reports, and fulfill other obligations.
• OECD global anti-base erosion rules intend to ensure 15% minimum tax on a jurisdictional basis.
• EU amendments to UCITS and AIFMD frameworks introduce new liquidity management tools rules for open-end funds that could impede certain strategies.