Invesco Chase: a new sports initiative for the finance industry

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Join us as we take on the Invesco mountain and help others along the way

Invesco Chase: a community sports initiative for the finance industry

The Australian arm of the global fund manager, Invesco, today announced the launch of ‘Invesco Chase’, a virtual cycling event for teams suited to the work-from-home lifestyle we find ourselves in today.

The event is designed for the financial advice and investment community with the aim of bringing people together in these isolated and difficult times. Most importantly, the initiative will support two charities that have become increasingly relevant during this pandemic, namely, Beyond Blue and Foodbank Australia.

The event will be held on October 30 and allows participants to ride together (virtually) in teams of colleagues or peers. Registrations are taken in teams of four, or individuals can sign up and be allocated to a team.

The advanced ‘Summit’ race involves four riders in each team seeking to reach a total elevation of 8800 metres (2200m per rider) in less than 3 hours; the equivalent of conquering Mt Everest. There will be a less demanding alternative option known as ‘Base Camp’ where teams will have to cycle to a virtual elevation of 4400 metres (1100m per rider). Riders will compete in real-time via the popular stationary cycling app Zwift.

“We are committed to the communities where we live and work, and we are motivated in providing a broader positive community impact, and at the same time create stronger links within our industry,” said Martin Franc, Invesco Australia CEO.

“We have launched Invesco Chase, a virtual cycling challenge which we hope will grow into something special over time.”

“This virtual sporting event is designed to connect a network of our peers and to help others beyond our industry via two outstanding charitable organisations.”

“We at Invesco are delighted to embrace this opportunity to promote community wellbeing and connection within our industry,” he said.

ENDS

About Invesco:

Invesco Ltd is a leading global investment firm whose purpose is to deliver an investment experience that helps people get more out of life. As an independent firm, solely focused on investment management, we direct all our intellectual capital, global strength and operational stability towards helping investors achieve their long-term financial objectives.

Headquartered in Atlanta, USA, the firm has assets under management of approximately A$1.7 trillion (as at 31 August 2020) and is listed on the New York Stock Exchange (NYSE Code IVZ). Invesco has solid financials, an investment grade debt rating, and a strong balance sheet. Founded in 1935, today Invesco Ltd serves clients around the globe, with an on-the-ground presence in 25 countries. Invesco Ltd has more than 8,000 employees worldwide including more than 700 investment professionals. Invesco’s clients benefit from a commitment to investment excellence, a strong depth of investment capabilities, and organisational strength.

As a fully independent firm, all of Invesco’s resources are dedicated to investment management. Rather than being shackled by a single ‘house view’, each of the firm’s investment centres worldwide has its own unique methodology for investing.

Invesco’s specialised offerings for Australian investors include Australian equities (quantitative; long-only, long/short, smaller companies); fixed income (senior secured loans, distressed credit); global equities (fundamental high conviction); alternatives (multi-asset; direct property); and listed property.

Invesco Australia Ltd (Invesco) ABN 48 001 693 232, Australian Financial Services Licence number 239916, who can be contacted on freecall 1800 813 500, by email to info@au.invesco.com, or by writing to GPO Box 231, Melbourne, Victoria, 3001. You can also visit our website at www.invesco.com.au

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