Invesco back on track in the Channel islands

Following Invesco's take-over of Perpetual, the company has decided to reverse its decision to pull out of the Channel Islands and instead build on Perpetual's success in that area. Richard Thompson, managing director for offshore sales and marketing, Invesco International, is part of the team deciding the strategic future of the offshore sides of Perpetual and Invesco. Although Perpetual's offshore business is significantly smaller than that of Invesco ($1.2bn to $12bn), Invesco is impressed by the substantial client base that Perpetual has built up, and wishes to focus on that success a...