MutualFundWire.com: One Analyst Smiles on Invesco
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Thursday, May 30, 2013

One Analyst Smiles on Invesco


Barron's Focus on Funds blogger Brendan Conway has good news for some fund shops, and not-so-good news for others.

Conway cites a piece from Sterne, Agee & Leach analyst Jason Weyeneth saying that estimates for asset managers are up given the rising stock market.

Invesco [profile], though, is the only firm rated as a "buy," according to Conway.

Underwhelming flows are the reason for concern at other shops, including T. Rowe Price [profile], BlackRock [profile] and Federated [profile].

For more details, check out the original article here.


Printed from: MFWire.com/story.asp?s=44016

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