Invesco Partners with Superstate to Manage Short Duration Treasury Fund
Invesco and Superstate, a financial technology firm, announced a collaboration in which Invesco Advisers will become investment manager of Superstate Short Duration US Government Securities Fund , or STB. USTB, Superstate's tokenized short-duration U.S. treasuries fund, will continue to be powered by Superstate's tokenization technology. Through this collaboration, Invesco will become the first asset manager to utilize Superstate's digital transfer agent infrastructure. USTB has over $967M in AUM. USTB will be managed by Invesco's Global Liquidity team, adding it to the over $200B in assets it manages. Since inception, USTB has onboarded over 150 different institutional investors and has processed billions of dollars of transactions. STB will maintain its investment strategy and structure, with Invesco taking over day-to-day portfolio management responsibilities. Superstate will continue operating the fund's onchain infrastructure. Upon completion of the transition, expected in Q2, USTB will be renamed Invesco Short Duration US Government Securities Fund, while maintaining the same USTB ticker, smart contracts and token address.
