Invesco

KBW spent some time this past week visiting investors with Invesco Ltd. (NYSE: IVZ) CFO Loren Starr, Treasurer Jordan Krugman, and Andrew Schlossberg, Global Head of Distribution and ETFs. “The meetings covered a wide range of topics and some key areas of focus included the ETF business, capital...

According to Deutsche Bank, Invesco (NYSE: INZ) Buy rating is maintained. Deutsche Bank said that that, given weaker equity markets (S&P 500 ‐1.1% & MSCI‐EAFE ‐2.8%), a FX headwind, and net outflows (driven by the QQQ ETF), slightly offset by mostly positive credit markets and active...

Sterne Agee is out with its report today on Invesco (NYSE: IVZ), maintaining Neutral. In a note to clients, Sterne Agee writes, "While there is meaningful upside to our $27 price target (based on 16x '11 cash operating earnings plus net cash & investments), on a relative basis we view the...

Citigroup has changed the price target on the following companies: AllianceBernstein (NYSE: AB) From $20.00 to $19.00 Affiliated Managers Group (NYSE: AMG) From $128.00 to $122.00 Apollo Global Management (NASDAQ: APO) From $24.00 to $23.00 Artio Global Investors (NYSE: ART) From $16.00 to $...

According to Jefferies, Invesco (NYSE: IVZ) reported April 30th total AUM of $668.6B, a 4.2% m/m increase, or approx. $26.7B. Jefferies said that net flows were positive during the month reflecting a combination of inflows to passive, money market and alternative products as well as improving...

Franklin Resources Inc. (NYSE: BEN) and Invesco Ltd. (NYSE: IVZ) will report April AUM next week, J.P. Morgan Reports. “We think both companies will report impressive numbers and we would expect both stocks to react favorably,” J.P. Morgan writes. “Franklin reports on Monday after the close and...

According to J.P. Morgan, Invesco (NYSE: IVZ) released its month-end AUM update today and announced 0.1% MoM increase in total AUM. J.P. Morgan reported that such an increase appears pretty insignificant, especially compared with Franklin, which saw assets up 1.4% for the month. “However, our...

Based Upon the varied trends in the capital markets sector in 1Q, Deutsche Bank expects e-brokers, exchanges and alt managers to post strong results, asset managers to post in-line results and brokers to post weak results. Says Deutsche Bank, “Despite some macro & regulatory uncertainty, we...

Jefferies is out with its report today on Invesco (NYSE: IVZ), maintaining Buy on IVZ. In a note to clients, Jefferies writes, "IVZ reported Jan 31 total AUM of $624.3B, up 1.3% from $615.5B on Dec 31. The $7.8B increase includes approx. $2-3B in net inflows, approx. $4.4B in market performance,...

JP Morgan has published a research report on Invesco Ltd. (NYSE: IVZ) after the company announced a divestiture that is not expected to affect the already strong Invesco/Morgan Stanley (NYSE: MS) relationship. In the report, JP Morgan writes "Invesco announced a $680 million follow-on offering in...

Invesco Mortgage Capital (NYSE: IVR) reported 3Q10 EPS of $1.01, $0.04 ahead of Jefferies & Company's estimate, and $0.03 ahead of consensus. “Spread earnings of $0.88 per share were $0.03 behind our forecast,” Jefferies & Company writes. “Our $25 PT represents a 1.25x multiple to 3Q10 book...

Citigroup is providing the three key reasons for removing Invesco Plc (NYSE: IVZ) from its top LC selection. 1) Relative attractiveness has faded somewhat. 2) Citigroup's estimates are no longer out of line with consensus as the “Street” has caught up to its bullishness. 3) Upside surprise for 2011...

Invesco (NYSE: IVZ) and Franklin Resources, Inc. (NYSE: BEN) had standout long term inflows in the month of September, while Legg Mason, Inc. (NYSE: LM) and Artio Global Investors, Inc. (NYSE: ART) were relatively weak, Deutsche Bank reports. “Trends for the asset mgrs are mostly favorable given...

On October 11, Invesco (NYSE: IVZ) reported total assets under management (AUM) of $604.5B at September 30, a 5.4% increase from $573.8B reported at August 31 and an 8.4% increase from $557.7B reported at June 30. “The reported number was also above our Q3'10 estimate of $580.5B,” Wells Fargo...

In this week's Capital Markets Compass, Deutsche Bank reports that thus far the overall banking trends in October have been mixed. And that's just the beginning of the less-than-stellar news. “Trading has also been mixed thus far in October with a pickup in U.S. options, Euro Cash, and U.S. cash...