EXHIBIT 21
LIST OF SUBSIDIARIES
| 1. | 1371 Preferred Inc. |
| 2. | Absolute Recovery Advisors, L.P |
| 3. | Absolute Recovery LLC |
| 4. | AIM GP Canada Inc. |
| 5. | AMVESCAP Limited |
| 6. | AT Planning Services, Inc. |
| 7. | Atlantic Trust Group, Inc. |
| 8. | Atlantic Wealth Holdings Limited |
| 9. | Atlantic Wealth Management International Limited |
| 10. | Atlantic Wealth Management Limited |
| 11. | C M Investment Nominees Limited |
| 12. | Chancellor Citiventure 96 Partner (Cayman) Ltd |
| 13. | Coff Associates (Cayman) Limited |
| 14. | CPCO Associates (Cayman) Limited |
| 15. | Elliot Associates Limited |
| 16. | Finemost Limited |
| 17. | Fund Management Company |
| 18. | Huaneng Capital Services Corporation Ltd. |
| 19. | Huaneng Invesco WLR Investment Consulting Company Ltd. |
| 20. | HVB Immobilien Verwaltungs GmbH |
| 21. | HVH Immobilien und Beteiligungs GmbH |
| 22. | HVH USA, Inc. |
| 23. | ICE Lux HoldCo S.a.r.l. |
| 24. | Invesco (B.V.I.) Nominees Limited |
| 25. | Invesco (Cayman Islands) Ltd. |
| 26. | Invesco A I M Management Company Limited |
| 27. | Invesco Administration Services Limited |
| 28. | Invesco Agency Securities Inc. |
| 29. | Invesco Aim Advisors, Inc. |
| 30. | Invesco Aim Capital Management, Inc. |
| 31. | Invesco Aim Distributors, Inc. |
| 32. | Invesco Aim Global Holdings, Inc. |
| 33. | Invesco Aim Insurance Agency, Inc. |
| 34. | Invesco Aim Investment Services, Inc. |
| 35. | Invesco Aim Management Group, Inc. |
| 36. | Invesco Aim Private Asset Management, Inc. |
| 37. | Invesco Aim Retirement Services, Inc. |
| 38. | Invesco Asia Real Estate Feeder Fund I, Ltd |
| 39. | Invesco Asset Management (Bermuda) Ltd |
| 40. | Invesco Asset Management (Japan) Limited |
| 41. | Invesco Asset Management (Schweiz) AG |
| 42. | Invesco Asset Management Asia Limited |
| 43. | Invesco Asset Management Australia (Holdings) Ltd |
| 44. | Invesco Asset Management Deutschland GmbH |
| 45. | Invesco Asset Management Ireland Holdings Limited |
| 46. | Invesco Asset Management Ireland Limited |
| 47. | Invesco Asset Management Limited |
| 48. | Invesco Asset Management Österreich GmbH |
| 49. | Invesco Asset Management Pacific Limited |
| 50. | Invesco Asset Management SA |
| 51. | Invesco Asset Management Singapore Ltd |
| 52. | Invesco Australia Limited |
| 53. | Invesco Canada Holdings Inc. |
| 54. | Invesco CE SA |
| 55. | Invesco CE Services SA |
| 56. | Invesco Continental Europe Holdings SA |
| 57. | Invesco Continental Europe Service Centre SA |
| 58. | Invesco Distributors, Inc. |
| 59. | Invesco Fund Managers Limited |
| 60. | Invesco Funds Group, Inc. |
| 61. | Invesco Global Asset Management (Bermuda) Limited |
| 62. | Invesco Global Asset Management (N.A.), Inc. |
| 63. | Invesco Global Asset Management Limited |
| 64. | Invesco Global Investment Funds Limited |
| 65. | Invesco Great Wall Fund Management Company Limited |
| 66. | Invesco Group Limited |
| 67. | Invesco Group Services, Inc. |
| 68. | Invesco GT Asset Management PLC |
| 69. | Invesco Holding Company Limited |
| 70. | Invesco Holding Germany Ltd & Co OHG |
| 71. | Invesco Holland B.V. |
| 72. | Invesco Hong Kong Limited |
| 73. | Invesco Hungary LLC |
| 74. | Invesco Inc. |
| 75. | Invesco Institutional (N.A.), Inc. |
| 76. | Invesco International (Southern Africa) Limited |
| 77. | Invesco International Holdings Limited |
| 78. | Invesco International Limited |
| 79. | Invesco International Nominees Limited |
| 80. | Invesco Investments (Bermuda) Ltd. |
| 81. | Invesco ITALIA Societa di gestione del risparmio - S.p.A. |
| 82. | Invesco Kapitalanlagegesellschaft mbH |
| 83. | Invesco Management GmbH |
| 84. | Invesco Management S.A. |
| 85. | Invesco National Trust Company |
| 86. | Invesco North American Group Limited |
| 87. | Invesco North American Holdings, Inc. |
| 88. | Invesco Pacific Group Limited |
| 89. | Invesco Pacific Holdings Limited |
| 90. | Invesco Pacific Partner Ltd. |
| 91. | Invesco Pension Trustees Limited |
| 92. | Invesco Perpetual Life Limited |
| 93. | Invesco Polska Spolka z organiczona odpowiedzialnoscia (INVESCO Polska Sp.z.o.o.) |
| 94. | InvescoPowerShares Capital Management Ireland Limited |
| 95. | Invesco PowerShares Capital Management LLC |
| 96. | Invesco Private Capital Investments, Inc. |
| 97. | Invesco Private Capital Verwaltung GMBH |
| 98. | Invesco Private Capital, Inc. |
| 99. | Invesco Properties Limited |
| 100. | Invesco Real Estate Germany LLC |
| 101. | Invesco Real Estate GmbH |
| 102. | Invesco Real Estate Limited |
| 103. | Invesco Real Estate Management S.a.r.l. |
| 104. | Invesco Real Estate s.r.o. |
| 105. | Invesco Realty Asia I, Ltd |
| 106. | Invesco Realty, Inc. |
| 107. | Invesco Savings Scheme (Nominees) Limited |
| 108. | Invesco Senior Secured Management, Inc. |
| 109. | Invesco Services Ltd OHG |
| 110. | Invesco Taiwan Limited |
| 111. | Invesco Trimark Dealer Inc. |
| 112. | Invesco Trimark Ltd. |
| 113. | Invesco UK Holdings PLC |
| 114. | Invesco UK Limited |
| 115. | Invesco WLR Limited |
| 116. | Invesco WLR Private Equity Investment Management Limited |
| 117. | Investment Fund Administrators Limited |
| 118. | IRE (Cayman) Limited |
| 119. | IRE (China) Limited |
| 120. | IRE (Hong Kong) Limited |
| 121. | IRE Japan, Ltd |
| 122. | IVZ Callco Inc. |
| 123. | IVZ, Inc. |
| 124. | James Bryant Limited |
| 125. | PCM Properties LLC |
| 126. | Perpetual plc |
| 127. | Perpetual Portfolio Management Limited |
| 128. | Perpetual Unit Trust Management (Nominees) Limited |
| 129. | POCZTYLION - ARKA POWSZECHNE TOWARZYSTWO EMERYTALNE SPOLKA AKCYJNA |
| 130. | Ross Expansion Associates L.P. |
| 131. | Ross CG Management LP |
| 132. | Sermon Lane Nominees Limited |
| 133. | Sovereign G/.P. Holdings Inc. |
| 134. | Stein Roe Investment Counsel, Inc. |
| 135. | Taiyo Fund Management Co. LLC |
| 136. | V.V. Edinburgh R.W. G.P. Limited |
| 137. | V.V. Epsom G.P. Limited |
| 138. | V.V. General Partner Limited |
| 139. | V.V. Glasgow (No.1) G.P. Limited |
| 140. | V.V. Glasgow G.P. Limited |
| 141. | V.V. Milton Keynes G.P. Limited |
| 142. | V.V. Nominees Limited |
| 143. | V.V. Northampton (No.2) G.P. Limited |
| 144. | V.V. Northampton G.P. Limited |
| 145. | V.V. Reading G.P. Limited |
| 146. | V.V. Real Property G.P. Limited |
| 147. | V.V. Real Property Nominees Limited |
| 148. | V.V. Redhill G.P. Limited |
| 149. | V.V. Slough G.P. Limited |
| 150. | V.V. Soho G.P. Limited |
| 151. | V.V. Stockton G.P. Limited |
| 152. | V.V. Watford G.P. Limited |
| 153. | VV CR 1s.r.o. |
| 154. | VV Hungaria 1Kft. |
| 155. | VV Immobilien Verwaltungs GmbH |
| 156. | VV Immobilien Verwaltungs und Beteiligungs GmbH |
| 157. | VV Poland 1 sp.z.o.o. |
| 158. | VV USA LLC |
| 159. | W.L. Ross & Co. (India) LLC |
| 160. | W.L. Ross M & T, LLC |
| 161. | W.L.Ross & Co., LLC |
| 162. | WLR China Energy Associates Ltd |
| 163. | WLR Euro Wagon Management Ltd. |
| 164. | WL Ross (India) Private Limited |
| 165. | WL Ross Dip Management LLC |