Industry | Financial services |
---|---|
Founded | 1959 |
Founder | Leon Levy |
Defunct | May 24, 2019 |
Fate | Acquired by Invesco |
Headquarters | New York , United States |
Key people | Art Steinmetz, Chairman and CEO |
AUM | $260 billion (As of 28 February 2019[update])[1] |
OppenheimerFunds, Inc. was a global asset manager. As of February 28, 2019, the company managed over $260 billion in assets in over 13,000,000 investor accounts.[1] In May 2019, the company was acquired by Invesco.
OppenheimerFunds had 16 investment management teams that oversaw actively managed equity, fixed income, alternative, and multi-asset portfolios, and exchange-traded funds.[1] Customers included financial advisors and wealth managers and their clients, as well as institutional investors, corporations, financial endowments, foundations, and sovereign wealth funds.