INVESCO has a balanced fund. So does AIM Funds. INVESCO offers a telecommunications fund. So does AIM. INVESCO has the Real Estate Opportunity Fund. AIM offers the AIM Real Estate Fund.
From value to growth to tech to sector products, the offerings of the two firms, which are both owned by British holding company AMVESCAP, are markedly similar. So, when INVESCO announced late last month that, like AIM, it will charge loads on its products and sell them mostly through intermediaries, industry observers wondered if there was room under the AMVESCAP umbrella for two load shops.