INVESCO Funds Group is adding to its distribution through variable annuity funds offered by
American Express. The deal will add three sector funds and one growth fund to American Express' variable annuity offerings.
The deal results from an aggressive effort on the part of INVESCO to distribute its products into the annuity market, explained
Tom Kolbe, vice president and manager of institutional sales at INVESCO.
"For over a year, we have worked very hard to increase our presence in the annuity market. Our partnership with American Express is directly in line with our goal of positioning our funds with dynamic financial companies," said Kolbe.
The four funds are: INVESCO Dynamics, INVESCO Financial Services, INVESCO Telecommunications and INVESCO Technology.
 
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