Invesco Ltd Stock Price, News & Analysis

Invesco Ltd. (NYSE: IVZ) announced that Allison Dukes, the Chief Financial Officer, will present via webcast at the Credit Suisse 22nd Annual Virtual Financial Services Forum on February 25, 2021, at 8:00 am EST. A link to the live audio webcast will be available on Invesco's Investor Relations site, with a replay accessible afterward. Invesco managed $1.35 trillion in assets as of December 31, 2020, and operates globally in over 20 countries, focusing on diverse investment strategies.

Invesco Ltd. (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,367.1 billion as of January 31, 2021, reflecting a 1.3% increase from the previous month. The firm recorded total net inflows of $14.3 billion and net long-term inflows of $13.3 billion. However, it faced non-management fee earning net outflows of $4.4 billion, while money market net inflows amounted to $5.4 billion. Favorable market returns and foreign exchange effects positively impacted AUM by $2.6 billion. The preliminary average total AUM for the quarter was $1,374.0 billion.

On February 5, 2021, Invesco Canada announced immediate changes to the risk ratings of five Canadian-listed ETFs, aligned with the Canadian Securities Administrators' risk classification methodology. The affected ETFs include:

• Invesco Low Volatility Portfolio ETF (PLV): from Low to Low-Medium
• Invesco Canadian Preferred Share Index ETF (PPS): from Low-Medium to Medium
• Invesco FTSE RAFI Global Small-Mid ETF (PZW.U): from Medium to Medium-High
• Invesco LadderRite U.S. 0-5 Year Corporate Bond Index ETF (USB.U): from Low-Medium to Low
• Invesco Senior Loan Index ETF (BKL.U & BKL.F): from Low-Medium to Low

No alterations were made to the investment objectives or strategies of these ETFs.

Invesco Mortgage Capital Inc. (NYSE: IVR) has announced the upsizing and pricing of its public offering of 24 million shares at $3.83 per share, generating approximately $91.9 million in gross proceeds. The offering is set to close on February 4, 2021, and includes a 30-day option for underwriters to purchase an additional 3.6 million shares. The net proceeds will be utilized for purchasing assets in target classes and general corporate purposes. BofA Securities and JMP Securities are managing the offering.

Invesco Mortgage Capital plans to publicly offer 22 million shares of its common stock, with a 30-day option for underwriters to purchase an additional 3.3 million shares. The proceeds will be directed toward purchasing assets within target classes, ensuring compliance with REIT qualification, and for other corporate purposes. The offering is being managed by BofA Securities and JMP Securities, following an effective registration statement. Investors are advised to review the prospectus supplement filed with the SEC for complete details.

Invesco Ltd. (IVZ) reported strong financial results for Q4-20, achieving long-term net inflows of $9.8 billion and an ending AUM of $1,349.9 billion, a 10.8% increase from the previous quarter. Adjusted diluted EPS rose 35.8% to $0.72. However, the operating margin decreased to 13.4% from 17.9% in Q3-20. For the full year, net income declined 7.1% to $524.8 million, and diluted EPS fell 11.7% to $1.13. The company is optimistic for 2021 amidst ongoing challenges.

On January 15, 2021, Invesco Ltd. (NYSE: IVZ) announced upcoming changes to the names and underlying indexes of two of its ETFs, effective March 24, 2021. The Invesco Cleantech ETF (PZD) will be renamed to Invesco MSCI Sustainable Future ETF, transitioning from the Cleantech Index to the MSCI Global Environment Select Index. The Invesco VRDO Tax-Free Weekly ETF (PVI) will also see a new name and will shift from the Bloomberg U.S. Municipal AMT-Free Weekly VRDO Index to the ICE U.S. Municipal AMT-Free VRDO Constrained Index. These modifications aim to align with investor needs.

On January 12, 2021, Invesco Ltd. (NYSE: IVZ) reported preliminary assets under management (AUM) at $1,349.9 billion, marking a 4.3% increase from the previous month. The company experienced total net inflows of $11.9 billion, including $5.9 billion in long-term inflows. The AUM increase was driven by favorable market returns, contributing $27 billion, and reinvested distributions adding $12.9 billion. The average AUM for the quarter ending December 31 was reported at $1,278.2 billion.

Invesco Ltd. (NYSE: IVZ) will announce its fourth quarter 2020 results on January 26 at 7 a.m. ET, followed by a conference call at 9 a.m. ET. The conference will be accessible via telephone and a simultaneous webcast on the company’s website. An audio replay will be available shortly after the call, lasting until February 09, 2021. Invesco, a global investment management firm, operates in 25 countries and offers various investment services.