Exhibit 12.1

Invesco Ltd.

Ratio of Earnings to Fixed Charges

	Six months ended June 30, 2015			Year ended December 31,
				2014			2013			2012			2011			2010
Income from continuing operations before income taxes		738.7			1,395.1			1,255.2			830.6			892.1			823.3
Less: Equity in earnings of unconsolidated affiliates		(23.8	)		(32.8	)		(35.5	)		(29.7	)		(30.5	)		(40.2	)
Pre tax income before equity in earnings of unconsolidated affiliates		714.9			1,362.3			1,219.7			800.9			861.6			783.1
Add: Fixed Charges		43.6			99.7			61.7			70.7			79.3			74.3
Add: Distributed income of equity investees		1.4			19.6			16.5			15.6			21.3			26.0
Net (income)/loss attributable to noncontrolling interests in consolidated entities		(11.1	)		(13.0	)		(42.5	)		89.8			107.7			(171.1	)
Earnings		748.8			1,468.6			1,255.4			977.0			1,069.9			712.3
Fixed charges:
Portion of rent expense representing interest		5.3			26.6			17.1			18.4			17.5			15.7
Interest expense		38.3			73.1			44.6			52.3			61.8			58.6
Total fixed charges		43.6			99.7			61.7			70.7			79.3			74.3
Ratio of earnings/fixed charges		17.17			14.73			20.35			13.82			13.49			9.59