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Invesco Perpetual beefs up U.K. equities team
trueJohn Richards, Hilary Cook and Frederick Bouverat joined Invesco Perpetual’s U.K. equities team, a spokeswoman for the firm said.
Invesco Perpetual's Woodford lands at Oakley Capital Management
trueNeil Woodford in May will begin setting up a new asset management business at money manager and financial adviser Oakley Capital Management, a company spokeswoman confirmed.
Invesco AUM up 6% from last quarter to $745.5 billion
trueInvesco on Thursday reported assets under management of $745.5 billion as of Sept. 30, up 5.7% from the end of the previous quarter and up 12.4% from a year earlier.
Markets give managers nice boost in quarter
truePublicly traded money managers saw modest gains in assets under management for the quarter ended Sept. 30, helped generally by rising equity markets.
William Blair downgrades Invesco after portfolio manager announces departure
trueWilliam Blair & Co. has reduced its rating of Invesco to “market perform” from “outperform” primarily because of a recent announcement that an Invesco Perpetual portfolio manager will leave the firm.
Shutdown foils asset owners and managers
trueThe political paralysis in Washington that shut down the federal government Oct. 1 and is bringing the U.S. within days of breaching its debt ceiling is taking a toll on institutional investors, from spiking short-term borrowing costs and market uncertainty to general frustration.
Sovereign investors shifting to international alternatives cutting core equities, Invesco survey finds
trueSovereign investors with trillions of dollars in assets are accelerating allocations to international real estate and private equity at the expense of long-only investments in core equities and bonds, according to a global survey commissioned by Atlanta-based Invesco Ltd.
Marathon liquidated PPIP fund after earning Treasury 25% return
trueMarathon Asset Management, one of nine firms selected in the credit crisis to manage a government-subsidized program to revive the mortgage-bond market, liquidated its fund after handing the U.S. Treasury a 25% return.
Money managers to sell corporate debt
trueMoney managers like Janus and Invesco are looking to take advantage of favorable rates by selling corporate bonds.
Invesco inflows of $19.2 billion help lift assets 6% in quarter to $729.3 billion
trueInvesco on Tuesday reported strong net inflows in the first quarter, which helped bring its assets under management to $729.3 billion as of March 31, up 6% from last quarter and 8% from a year earlier.
Invesco stable value fund to reopen to new investors
trueInvesco will reopen its $6.3 billion Invesco Stable Value Trust Fund to new defined contribution plan investors on May 1, more than two years after closing it to new investors.
For VC and buyout funds, smaller means more
trueWhen it comes to buyout and venture capital funds, size matters.
Big-name asset managers work to grab snippets of ETF pie
trueAlthough an oligopoly of three money managers dominates 84% of the U.S. market for exchange-traded funds, the relative newcomers to this fast-growing investment segment are capitalizing on their brand names and existing strengths as competitive advantages.
Fidelity target-date funds draw fire from consulting firm
trueThe Center for Due Diligence posted Monday an analysis of the mutual fund giant's target-date funds vs. similar offerings from the company's competitors, including The Vanguard Group Inc. and T. Rowe Price Group Inc.
Invesco's AUM edges up for quarter, 10% higher for year
trueInvesco on Thursday reported assets under management of $687.7 billion as of Dec. 31, up 0.7% from three months earlier and 10% higher than the fourth quarter 2011.