Tag:
INVESCO
Latest Headlines
Latest Headlines
Mutual fund firms faring well
Mutual funds ( mutual fund news) may be finding favor with investors, who seem to be jumping again. Franklin Resources and Invesco anyway saw their first quarter profits triple amid a market recovery. The industry is hoping more people are saying good bye to money market funds and getting back
The meaning of BlackRock's big surprise
Was anyone really surprised by BlackRock's ( BLK ) big upside earnings ? There was a sense the firm might blow past expectations, which it did by announcing $2.10 a share in the third quarter earnings versus expectations of about $1.93 a share. It also topped revenue expectations, $1.14 billi
Turning bullish on asset managers?
Obviously, the market carnage toward the end of last year was pretty devastating for asset managers. As assets sank, so did their stocks. But it also prompted some cost-cutting and a renewed drive toward efficiency, all of which helped lay the groundwork for an eventual recovery--which may or may
Alternative hedge fund strategies redux?
Some were convinced that the 130/30 and alternative beta movement was sputtering out. But AllAboutAlpha.com begs to differ. It notes that "several firms announced new funds aimed at resurrecting interest in hedge fund replication and short-extension strategies. And who knows, the time may now
Mutual fund industry suffers
These are eye-popping numbers. Retail investors are fleeing equity funds en masse. Even the likes of American Funds and Vanguard saw their assets drop 6.6 percent and 4.3 percent respectively, according to the Financial Times . At places such as Fidelity, customers are shifting into money mark
ALSO NOTED: Ex-Goldman Sachs exec aims for China deals; Merrill Lynch lands big mandates in Europe; and much more...
Company News: > Merrill Lynch lands big mandates in Europe. Article > Ex-Goldman Sachs exec aims for China deals. Article > Oppenheimer Funds exits Crocs. Article > NYSE-Euronext earnings triple. Article > Mining company fires Merrill Lynch. Article &g
Get ready for actively managed ETFs
It sounds like a oxymoron. An actively managed exchange-traded fund? Wasn't the point of an ETF to five customers low-cost access to passive products? PowerShares, the Invesco unit, apparently senses demand for the product and aims to launch managed ETFs next year. The term actively managed may b
ALSO NOTED: More whispers about Goldman Sachs; Morgan Stanley upgrades Invesco; and much more...
Company News : > More whispers about Goldman Sachs. Article > Morgan Stanley upgrades Invesco. Article > NASDAQ to buy Philly exchange. Article > BATS seeks exchange status. Article Industry News : > Turmoil to last much longer? Article
C&L: Matthew Jarman to leave Lazard for Morgan Stanley
Matthew Jarman to leave Lazard for Morgan Stanley. Â Robert Crispin , CEO of INGA Asset Management, to retire. Â Fazle Husain will join Metalmark Capital. Â Morgan Stanley shifts Walid Chammah to London. Â Dino Kos joins Morgan Stanl
