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Invesco Ltd (IVZ.N)

IVZ.N on New York Stock Exchange

30.10USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Invesco's CEO Martin Flanagan's 2016 total compensation $14.61 mln
Friday, 24 Mar 2017 04:25pm EDT 

Invesco Ltd : Ceo Martin Flanagan's FY 2016 total compensation was $14.61 million versus $15.9 million in FY 2015 - SEC filing . Invesco Ltd - senior managing director and head of Americas Philip A.Taylor's total compensation in 2016 was $7.28 million versus $7.83 million in 2015 Source: (http://bit.ly/2nlqC1t) Further company coverage: [IVZ.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Invesco announces Feb. 28 assets under management
Thursday, 9 Mar 2017 04:15pm EST 

Invesco Ltd : Invesco Ltd announces February 28, 2017 assets under management . Invesco Ltd - preliminary Feb-end assets under management of $836.8 billion, an increase of 1.4% month over month . Preliminary average total AUM for quarter through February 28 were $828.8 billion . Preliminary average active AUM for quarter through February 28 were $678.7 billion .Invesco Ltd - FX decreased AUM by $1.6 billion in Feb.  Full Article

Invesco reports Q4 adjusted earnings $0.59 per share
Thursday, 26 Jan 2017 06:55am EST 

Invesco Ltd : Invesco reports results for the year and three months ended December 31, 2016 . Q4 revenue $1.195 billion . Qtrly adjusted diluted EPS $0.59 . Q4 earnings per share view $0.58, revenue view $850.9 million -- Thomson Reuters I/B/E/S . Invesco Ltd qtrly GAAP EPS $0.55 . Invesco Ltd says net market gains led to a $37.7 billion increase in AUM during 2016, compared to a $2.6 billion decrease in 2015 . Invesco Ltd says foreign exchange rate movements led to a $22.1 billion decrease in aum during 2016, compared to a $16.0 billion decrease in 2015 . Invesco Ltd says average AUM during 2016 were $788.8 billion, compared to $794.7 billion for 2015, a decrease of 0.7 percent .Invesco Ltd - Total Assets Under Management (AUM) at December 31, 2016, were $812.9 billion ,a decrease of $7.3 billion during Q4.  Full Article

Invesco changes product lineup in response to tax-treatment changes in 2013 federal budget
Monday, 7 Nov 2016 11:00am EST 

Invesco Ltd : Invesco simplifies product offering . Plans to merge shares of Invesco Intactive Strategic Capital Yield portfolio class into units of Invesco Intactive Strategic Yield portfolio . Concurrently, plans to terminate series F8, series PT8 and series T8 of Invesco Intactive Strategic Capital Yield portfolio class . Plans to discontinue U.S.-dollar purchase options of series PT6 and series T6 . Fund will no longer be able to provide tax-efficient benefits at expiration of its forward contract in 2017 .Has announced changes to its product lineup in response to tax-treatment changes made in 2013 federal budget.  Full Article

Invesco reports qtrly earnings per share of $0.58
Thursday, 27 Oct 2016 06:55am EDT 

Invesco Ltd : Invesco reports results for the three months ended september 30, 2016 . Q3 revenue $1.202 billion . Says long-term net flows during q3 included a $6.5 billion inflow from state of rhode island 529 mandate . Qtrly earnings per share $0.58 . Qtrly adjusted diluted eps $0.60 . Says net market gains led to increases of $23.6 billion in aum during q3, compared to market gains of $10.7 billion in q2 2016 . Says foreign exchange rate movements led to a $2.2 billion decrease in aum during q3, compared to a $7.7 billion decrease in q2 2016 . Total assets under management (aum) at september 30, 2016, were $820.2 billion versus $779.6 billion at june 30, 2016 .Says as of Sept. 30, 2016, company's cash and cash equivalents were $1,581.3 million, with long-term debt of $2,073.2 million.  Full Article

Invesco Ltd Q2 adjusted earnings per share $0.56
Thursday, 28 Jul 2016 06:55am EDT 

Invesco Ltd : Total assets under management (AUM) at June 30, 2016, were $779.6 billion, an increase of $8.1 billion during Q2 . Invesco reports results for the three months ended June 30, 2016 . Q2 revenue $1.189 billion . Quarterly adjusted earnings per share $0.56 . Invesco Ltd qtrly diluted eps $0.54 . Q2 earnings per share view $0.54, revenue view $846.0 million -- Thomson Reuters I/B/E/S .Sets quarterly cash dividend of $0.28per share.  Full Article

Invesco ltd announces accelerated share repurchase program
Thursday, 30 Jun 2016 09:05am EDT 

Invesco Ltd : Invesco Ltd provides update on UK and continental Europe business; announces accelerated share repurchase program . Long-Term net flows for Invesco Ltd from June 1 through June 29, 2016, were positive at $1.3 billion . To enter into accelerated share repurchase agreement with Morgan Stanley & Co LLC to repurchase $150 million of co's outstanding common stock ."UK vote to leave EU has no impact on our ability to continue to offer our products in their respective markets".  Full Article

WL Ross sells 20 pct of VTG AG, completing a EUR358 million divestiture
Friday, 20 May 2016 03:05am EDT 

Wl Ross & Co. Llc : Terms of transaction were not disclosed . Affiliate CEW Germany GMBH sold about 20 percent of outstanding shares in Vtg Aktiengesellschaft to Kuehne Holding AG .WL Ross & Co. sells 20 percent of VTG AG, completing a EUR358 million divestiture.  Full Article

Invesco says accounting firm may have breached independence requirement
Thursday, 12 May 2016 09:45am EDT 

Invesco Ltd : Invesco Ltd says its independent public accounting firm may have breached an independence requirement contained in securities exchange act regarding auditor independence . In light of the circumstances, company is updating its risk factors by providing an additional risk factor - SEC filing . Says pricewaterhousecoopers is in discussions with U.S. Sec regarding the interpretation and application of a certain rule . PwC’s interpretation of the loan rule leads it to conclude that there is no violation of the rule and its independence has not been impaired .PwC has advised co that it continues to have discussions with sec to resolve the interpretive matter.  Full Article

Invesco Ltd has acquired Jemstep
Tuesday, 12 Jan 2016 09:15am EST 

Invesco Ltd:Has acquired Jemstep.Terms were not disclosed.  Full Article

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BRIEF-Invesco's CEO Martin Flanagan's 2016 total compensation $14.61 mln

* Ceo Martin Flanagan's FY 2016 total compensation was $14.61 million versus $15.9 million in FY 2015 - SEC filing