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.
Invesco Mortgage Capital has declared a quarterly cash dividend of $0.05 per share, payable on October 27, 2020, to stockholders of record as of October 12, 2020. The company reported an investment portfolio of approximately $6.0 billion, with 91% in Agency residential mortgage-backed securities and a cash balance of $408 million. The estimated book value per common share is between $3.29 and $3.39, reflecting gains from credit assets. The company also repaid remaining secured loans totaling $740 million.
Invesco Ltd. (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,245.8 billion for August 2020, marking a 4.2% increase from July. The firm experienced total net inflows of $6.9 billion, with $2.4 billion in long-term inflows. AUM growth was driven by favorable market returns, boosting AUM by $40 billion, with an additional $3.5 billion from foreign exchange adjustments. The preliminary average AUM for the quarter ending August 31 was $1,199.4 billion.
Invesco Mortgage Capital Inc. (NYSE: IVR) declared a quarterly cash dividend of $0.4844 per share on its 7.75% Series A Cumulative Redeemable Preferred Stock. This dividend will be paid on October 26, 2020 to stockholders of record by October 1, 2020, with the ex-dividend date set for September 30, 2020. Additionally, the Board intends to meet on September 30, 2020 to declare a dividend for common stock in the third quarter of 2020.
Invesco Ltd. (NYSE: IVZ) reported preliminary month-end assets under management (AUM) of $1,195.3 billion as of July 31, 2020, marking a 4.4% increase from the previous month. The firm recorded total net inflows of $5.1 billion, with net long-term inflows of $4.0 billion driven primarily by institutional channel contributions of $5.9 billion. Favorable market returns contributed $38 billion to AUM, while foreign exchange effects added $7.3 billion.
Invesco Ltd. (NYSE: IVZ) reported its Q2 2020 financial results, highlighting long-term net outflows of $14.2 billion, an improvement from $19.1 billion in Q1 2020. Assets Under Management (AUM) reached $1,145.2 billion, up 8.7% from the previous quarter, though average AUM decreased by 4.9% to $1,118.7 billion. Operating margin fell to 8.3%, while diluted EPS dropped to $0.09. Notably, long-term net inflows of $6.0 billion into fixed income products were recorded, and the institutional pipeline hit record levels. The company aims to address racial inequities and has increased its focus on digital engagement.
Invesco Ltd. (NYSE: IVZ) will report its second quarter 2020 results on July 28, 2020, at 6:55 a.m. ET. A conference call to discuss the results will take place at 9 a.m. ET. Participants can join by calling 866-803-2143 for US & Canada or 1-210-795-1098 internationally, using the passcode 'Invesco'. An audio replay of the call will be available about one hour post-call until August 11, 2020. For further details, visit Invesco's website.
Invesco Ltd. (NYSE: IVZ) announced plans to advance its active non-transparent ETFs by seeking an exemptive order to use Fidelity's active equity model. This collaboration aims to enhance investment outcomes through innovative ETF solutions. Invesco's history includes launching the first active transparent ETF in 2008. By leveraging Fidelity's methodology, Invesco aims to deliver active management benefits in a cost-effective manner, aligning with their commitment to innovation. As of May 31, 2020, Invesco managed $1.1 trillion in assets globally.