Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,795.6 billion, an increase of 2.5% versus previous month-end. The firm delivered net long-term inflows of $3.3 billion in the month. Non-management fee earning net outflows were $0.6 billion and money market net inflows were $11.2 billion. AUM was positively impacted by favorable market returns which increased AUM by $25 billion. FX and reinvested distributions increased AUM by $5.2 billion. Prelimi
In a notable move within the investment community, Invesco Ltd. (Trades, Portfolio) recently adjusted its holdings in Veeco Instruments Inc. (NASDAQ:VECO), a key player in the semiconductor sector. This transaction, executed at a price of $33.13 per share, reflects a significant shift, marking a -0.01% impact on Invescos portfolio, with the current holding now representing 0.60% of its total investments. Founded in 1935 and headquartered in Atlanta, Invesco Ltd. (Trades, Portfolio) has grown into a global powerhouse in the investment management industry.
(Bloomberg) -- The world-beating rally in Chinese stocks is failing to convince many global fund managers and strategists.Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against Tiny Cars?For a Master of Brutalist Provocations, a Modest Museum AppraisalListen to the Here’s Why podcast on Apple