In the world of asset management, Invesco Ltd. (IVZ) remains a key player despite recent market fluctuations. Despite a significant drop in the market resulting in a net reduction of their assets under management (AUM), it still managed to draw in $12.3 billion in inflows. Various partners and shareholders such as Cerity Partners LLC, JPMorgan Chase & Co., Geode Capital Management LLC, and Norges Bank continue to boost their stakes in IVZ. However, some are reducing their positions, such as American Century Companies Inc. and Sei Investments Co. Among important developments, Invesco terminated its Managed Distribution Plans for certain Income Trusts and revealed strategies to protect shareholder value, including a major push into real estate lending. The company also continues a strong strategic focus on ETFs, launching several new ones such as the Invesco SteelPath MLP & Energy Infrastructure ETF and the Invesco MSCI North America Climate ETF.
Invesco Ltd IVZ News Analytics from Wed, 10 Jul 2024 20:15:25 GMT to Sat, 12 Apr 2025 10:45:06 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -2
