Invesco Ltd has been showing a mixed performance recently, according to a compilation of news. The asset management company found itself consistently underperforming against competitors. In specific events, Russell Investments Group Ltd., Jump Financial LLC, and Mitsubishi UFJ Asset Management Co. Ltd were reported to have sold significant portions of their
Invesco shares, bringing some level of negativity. On the flip side,
Invesco's dividends seem to have attracted investors, with favorable consequences on its stock value. The company's Assets Under Management (AUM) for Q1 2024 and monthly performances seemed to be hit by unfavorable market conditions and outflows. The lack of substantial earnings growth continues to be a concern. Citigroup maintained its neutral stance on
Invesco while it had notable additions in stocks from Vanguard Personalized Indexing Management LLC and Charles Schwab Investment Management Inc.
Invesco also plans to participate in the Bernstein Strategic Decisions Conference, hinting towards a forward-focused strategy.
Invesco Ltd IVZ News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 20:15:00 GMT -
Rating -3
- Innovation -2
- Information 7
- Rumor 2
