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.
The Board of Trustees of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) has announced dividend payments effective November 30, 2021. VLT will distribute $0.0964 per share, while VVR will pay $0.0210 per share. The ex-date is November 12, 2021, with the record date on November 15, 2021. These funds follow a Managed Distribution Plan aimed at providing consistent cash payments, even if the income earned isn't sufficient to cover dividends, requiring capital gains or return of capital. Investors should note that a portion of these dividends may include a return of capital.
Invesco Ltd. (NYSE: IVZ) announced that CEO Marty Flanagan will present at the Goldman Sachs 2021 US Financial Services Conference on December 7, 2021 at 3:40 PM EST. Interested participants can access a live audio webcast through the official Invesco website, with a replay available after the event.
Invesco, operating in over 20 countries, focuses on providing diverse investment solutions to enhance clients' financial outcomes.
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Invesco Ltd. (NYSE: IVZ) reported a preliminary month-end assets under management (AUM) of $1,593.7 billion for October 31, 2021, marking a 4.3% increase from the previous month. The firm experienced net long-term inflows of $3.0 billion and total net inflows of $18.8 billion. Favorable market returns contributed an increase of $44 billion to AUM, while foreign exchange effects added $2.0 billion. The average total AUM for the quarter stood at $1,560.4 billion.
Invesco QQQ has launched a digital game titled How Not to Suck at Money, aimed at enhancing financial education among college students, particularly student-athletes. This initiative addresses the low participation rate in financial education programs, with only 14% of students engaged. The game, developed with insights from over 1,500 college students, features interactive scenarios on budgeting, loans, and investing. It also offers a 90-minute experience and awards players with a playbook and LinkedIn certificate upon completion, accessible at no cost.
On November 1, 2021, Invesco Advisers announced the successful reorganization of Invesco Dynamic Credit Opportunities Fund (NYSE: VTA) into the newly established closed-end interval fund, Invesco Dynamic Credit Opportunity Fund. Shareholders approved this transition at the Annual Meeting on September 3, 2021. The Interval Fund will offer Class AX shares priced at the fund's net asset value, with initial quarterly repurchase offers expected in early 2022. This reorganization aims to maintain the same investment strategy as the original fund.
The Board of Trustees of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) has announced dividends for October 2021. VLT declared a monthly dividend of $0.09641 per share, while VVR declared $0.02101 per share. Payment of these dividends is made on October 29, 2021, following the ex-date of October 13, 2021 and record date of October 14, 2021. These distributions are part of their Managed Distribution Plans, designed to provide regular cash payments to shareholders.
Avanta Residential, a Hunt Companies affiliate, has secured a strategic investment from Invesco Real Estate, enhancing its build-for-rent platform. This recapitalization focuses on scaling operations to meet the growing demand for single-family rentals, influenced by changing lifestyles post-COVID-19. Invesco acquired 75% of the company, aiming to provide high-quality living experiences and strong returns for its clients. Avanta plans to develop over 40 neighborhoods, with 5,000 homes underway, leveraging Hunt's extensive real estate experience and expertise.
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Invesco Ltd. (NYSE: IVZ) reported financial results for Q3 2021, highlighting $13.3 billion in net long-term inflows and a 0.2% increase in ending AUM to $1,528.6 billion. The firm achieved a 26.5% operating margin and 42.1% adjusted operating margin. Total revenues reached $1.75 billion, up 1.7% QoQ and 16.9% YoY. However, net income dropped 10.4% to $330.1 million. Despite $14.6 billion in market losses, strengths were noted in Fixed Income and ETFs. The company declared a common dividend of $0.17 per share.