As one of the world's largest asset managers, with over $1.86trn globally in assets under management, Invesco has over time become a devotee of ETF investing.

The company's passive capabilities have grown significantly since its creation in 2002, both organically and through the acquisition of ETF issuers such as Source, and the business now manages $491bn of ETF assets globally.

It is Invesco's willingness to continually redefine and explore ways to create new investment possibilities for its clients which sets it apart and wins the company this year's award. It achieves this by driving change in areas ranging from ESG solutions to core and innovative thematic exposures, like gold and blockchain.

The company has also had success in the private credit, fixed income and equity spaces with insurers, with its Senior Secured Loan (BKLN ETF) having 26 insurance clients invested in the UK, US and Bermuda.