Exhibit 12.1

Invesco Ltd.

Ratio of Earnings to Fixed Charges

	Six months ended June 30, 2018
				Year ended December 31,
				2017			2016			2015			2014			2013
Income from continuing operations before income taxes		647.8			1,492.2			1,206.6			1,362.1			1,395.1			1,255.2
Less: Equity in earnings of unconsolidated affiliates		(17.0	)		(44.7	)		(9.3	)		(35.1	)		(32.8	)		(35.5	)
Pre tax income before equity in earnings of unconsolidated affiliates		630.8			1,447.5			1,197.3			1,327.0			1,362.3			1,219.7
Add: Fixed Charges		61.1			110.3			106.9			94.8			99.7			61.7
Add: Distributions from equity method investees		3.4			2.8			17.6			18.7			19.6			16.5
Net (income)/loss attributable to noncontrolling interests in consolidated entities		(8.1	)		(33.7	)		(14.1	)		4.0			(13.0	)		(42.5	)
Earnings		687.2			1,526.9			1,307.7			1,444.5			1,468.6			1,255.4
Fixed charges:
Portion of rent expense representing interest		8.4			15.5			13.5			13.1			26.6			17.1
Interest Expense		52.7			94.8			93.4			81.7			73.1			44.6
Total fixed charges		61.1			110.3			106.9			94.8			99.7			61.7
Ratio of earnings/fixed charges		11.25			13.84			12.23			15.24			14.73			20.35