Invesco Ltd (IVZ) is identifiable as a strong, long-term growth and value stock with robust momentum. Despite varying performance against competitors, Invesco consistently reported significant assets under management in 2023 and 2024. The company made several hefty announcements concerning dividends for both its funds and mortgages. Invesco's reported AUM increase was driven by favorable market conditions and inflows. Strategic moves, such as stake-holding by AXA S.A. and Susquehanna Fundamental Investments, are notable. However, strain is observable from instances like Invesco Ltd's US$283m drop, causing institutional owners to consider drastic measures, and a 25% loss for investors from three years ago. Invesco continues to operate innovatively, reflected in the launch of Invesco Galaxy Ethereum ETF (QETH) and MSCI Global Climate 500 ETF (KLMT) and attempting to offer spot bitcoin exposure through the Invesco Galaxy Bitcoin ETF. Notably, several closed-end fund changes have occurred, including liquidation details about the Invesco High Income 2023 Target Term Fund. Earnings till Q2 2024 have been mixed, missing EPS expectations but surpassing in revenue. The company's future endeavors include constructing a logistics hub near Vienna, Austria.
Invesco Ltd IVZ News Analytics from Tue, 09 May 2023 07:00:00 GMT to Fri, 04 Oct 2024 13:45:07 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -2
