Welcome to our dedicated page for Invesco news (Ticker: IVZ), a resource for investors and traders seeking the latest updates and insights on Invesco stock.
Invesco Ltd. reports recurring developments as a global asset management firm serving retail and institutional clients through equity, fixed income, ETF and index, private markets, multi-asset and global liquidity strategies. Company updates frequently cover assets under management, net long-term and money market flows, market and foreign-exchange effects on AUM, investment management fees, service and distribution fees, and quarterly operating results.
News also includes product and platform developments such as QQQ’s conversion to an open-end fund ETF, institutional ETF adoption research, and strategic partnerships tied to tokenized investment products and digital asset infrastructure.
A study titled Building Opportunities: The Compelling Language of Real Estate Investment Trusts conducted by Invesco reveals that communication style significantly affects investor perceptions of real estate investments. While 60% of accredited investors consider it a good time to invest in real estate, only 46% are likely to do so, indicating a communication gap. Key findings emphasize the importance of word choice, with preferences for phrases like "consistent rental income" over "durable rental income." The study included 500 accredited investors and aims to enhance understanding and acceptance of REITs.
Invesco Ltd. reported preliminary assets under management (AUM) of $1,416.0 billion as of August 31, 2022, reflecting a 2.3% decrease from the previous month. The firm experienced net long-term inflows of $2.7 billion, but faced $30 billion decline in AUM due to unfavorable market returns and $7.2 billion from foreign exchange impacts. The average total AUM for the quarter through August 31 was $1,429.7 billion.
The Board of Trustees of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) declared dividends effective September 30, 2022. VLT will pay $0.0964 per share, while VVR will distribute $0.026 per share. The ex-date for both dividends is September 14, 2022. The increase in monthly distribution for VVR from $0.021 to $0.026 reflects the Fund's Managed Distribution Plan, aiming to provide consistent cash payments. However, a portion of these distributions may be a return of principal rather than net income.
SOFR Academy, Inc. has launched innovative USD Across-the-Curve Credit Spread Indices (AXI) and USD Financial Conditions Credit Spread Indices (FXI), now available through Bloomberg and Refinitiv. These indices create a credit-sensitive interest rate when combined with various forms of SOFR, contributing to the transition from USD LIBOR. The indices are robust, calculated from extensive market transactions, adapting to changes in bank funding. Licensing fees for market data vendors and regulators have been waived to encourage adoption.
The Board of Trustees of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) announced the payment of dividends on August 31, 2022. VLT will distribute $0.0964 per share, unchanged from prior distributions, while VVR will pay $0.0260 per share, also unchanged. The ex-date for both funds was August 12, 2022, with a record date of August 15, 2022, and the payable date coinciding with the announcement. Investors should note that part of these distributions may derive from a return of capital rather than net income.
Invesco Ltd. (NYSE: IVZ) announced the launch of the Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA), expanding its commodities ETF suite. This ETF provides exposure to a diversified range of agricultural commodities while issuing a Form 1099 tax form, making it more favorable than traditional funds that issue a Schedule K-1. The fund targets long-term capital appreciation through active management, aiming to outperform the DBIQ Diversified Agriculture Index. Invesco's commodities ETFs have attracted over $3.2 billion in inflows in 2022, highlighting growing investor interest in this sector.
Tour24 has appointed Satish Janumpalli as Chief Technology Officer and Joanna Hackney as Chief Operating Officer to enhance its leadership team. Janumpalli brings 15 years of experience in technology innovation, while Hackney has 25 years in the property industry. The company is expanding its user base and has secured notable clients such as Toll Brothers, Invesco, and Rangewater Real Estate, reflecting its growth in the competitive rental market. Tour24 provides an on-demand platform for self-guided apartment tours.
Invesco Ltd. (NYSE: IVZ) reported a preliminary total of $1,449.0 billion in assets under management (AUM) as of July 31, 2022, reflecting a 4.2% increase from the previous month. Despite this increase, the firm faced net long-term outflows of $5.2 billion. Net inflows from non-management fee earning assets were $1.4 billion, while money market inflows contributed $5.1 billion. AUM growth was driven by favorable market conditions, enhancing AUM by $57 billion. The preliminary average total AUM for the quarter stood at $1,408.7 billion.
The Board of Trustees of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) declared dividends effective August 31, 2022. VLT will distribute a monthly dividend of $0.0964 per share, maintaining its prior distribution level. VVR will see an increase in its monthly dividend to $0.0260 per share from $0.0210 per share, effective April 1, 2022. These distributions are part of their respective Managed Distribution Plans aimed at providing consistent cash payments, though they may include returns of capital.
Invesco Ltd. (NYSE: IVZ) announced the final close of its Invesco Credit Partners Fund II on June 30, 2022, raising $644 million, exceeding initial targets. The Fund focuses on distressed credit and special situations in developed markets, particularly targeting small capitalization companies. Managed by Invesco Senior Secured Management, the Fund aims to leverage inefficiencies for higher returns while minimizing risks. The investment strategy led by Paul Triggiani emphasizes senior positions in capital structures. Invesco manages $1.4 trillion in assets globally as of June 30, 2022.