Invesco Ltd. (NYSE:IVZ) has been experiencing a mixed market reception recently with consistent
buying and selling rate which is seen in moves by various institutional shareholders including BNP Paribas Asset Management Holding, Florida Retirement System, Swiss National Bank, and Mutual of America Capital Management among others. The
Active ETF platform saw expansion with the addition of an innovative option strategy to cater to high-demand offerings, indicating a positive response from the market. However, the performance of IVZ has been fluctuating: it
outperformed its competitors on certain days, yet also under-performed. A notable detail is that despite a 1.7%
AUM growth in June from favorable markets and inflows, the firm reported a miss on EPS and surpassed revenue expectations in its Q1 earnings. With assets under management continually being updated,
institutional ownership has become a point of concern due to drastic measures being considered following a recent US$283m market cap drop. Apart from financial performance, Invesco launched the Invesco MSCI Global Climate 500 ETF (KLMT), an indicator of its innovation in addressing global climate change.
Invesco Ltd IVZ News Analytics from Tue, 09 May 2023 07:00:00 GMT to Sun, 21 Jul 2024 20:47:06 GMT -
Rating -1
- Innovation 3
- Information 7
- Rumor -3
