Invesco Markets IV ICAV - Invesco EUR AT1 CoCo Bond UCITS ETF AccumHedged USD (Ticker: EATU.L) is a UCITS-compliant exchange-traded fund managed by Invesco, focused on European AT1 contingent convertible bonds. The fund seeks to provide exposure to euro-denominated additional tier 1 (AT1) CoCo bonds issued by European banks and financial institutions, with an accumulation currency strategy hedged to USD. The structure targets capital preservation and income generation through fixed-income instruments while hedging currency risk to minimize USD-denominated volatility.
Main products and services: ETF management and administration; index tracking and replication of AT1 CoCo bond exposures; UCITS-compliant fund packaging and distribution; share trading and liquidity provision; currency hedging services; regulatory reporting and risk management; fund accounting and performance analytics.
Latest major company changes: Invesco expands its suite of UCITS ETFs and AT1 bond strategies through new partnerships and product launches; recent fund reorganizations and organizational updates within the Invesco European platform; ongoing enhancements to liquidity management and ESG integration across fixed-income ETF offerings; strategic alignment with regional distributors to broaden access to euro-denominated AT1 CoCo assets; updates to fund taxonomy and benchmark governance to reflect evolving regulatory requirements.
Additional context: Industry: fixed-income ETFs; business segments include corporate and financials credit, global and regional fixed income platforms, and index tracking products. Target markets include institutional and retail investors seeking euro-denominated AT1 exposure with USD hedging. Geographic operations span Europe, with product distribution across EU member states and select global managed accounts. Founding year and headquarters: Invesco Ltd. operates globally with headquarters in Atlanta, Georgia, USA, and a European hub for its UCITS offerings. Subsidiaries and parent relationships: part of Invesco Ltd., with subsidiary operations supporting UCITS product development, fund administration, and distribution in Europe.