Wednesday Jul 9
SEC's High-Speed Trader Plan Embraced by Exchange Leaders
A sweeping blueprint designed by the U.S. Securities and Exchange Commission to reduce conflicts of interest in the stock market won support from leaders of exchanges and large money managers.
Invesco US launches ultra-short bond fund
The fund seeks to provide investors the potential for greater rates of return and yield than cash equivalent securities, yet with a lower risk profile than typical diversified short-term bond funds, the company said.
Will This Price Target Increase Help Invesco (IVZ) Stock Today?
The firm also raised its full year 2014 and 2015 EPS estimates for the company by 3 cents and 12 cents, respectively.
The Washington Post
State Investors to Boost Alternative Investments, Invesco Says
Sovereign investors will allocate more of their funds to alternative assets to meet long-term investment return targets, according to a study by Invesco Ltd. A net 64 percent of the investors surveyed expect to increase their allocations to domestic private equity this year, the Invesco Global Sovereign Asset Management Study 2014 published today ... (more)
Fitch Completes Traditional IM Peer Review; Affirms Ratings; Revises AMG's Outlook to Positive
Based on this review, Fitch has affirmed the following Long-term Issuer Default Ratings : Affiliated Managers Group, Inc. at 'BBB', AllianceBernstein L.P. at 'A+', Invesco Ltd. at 'A-', Aberdeen Asset Management PLC at 'A', and Schroders Plc at 'A+'.