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Tuesday, June 21, 2016 Does Invesco Check All the Right Boxes? When it comes to the future of asset management, Invesco [profile] looks like it has capabilities in all the right areas. So argues Jefferies analyst Daniel Fannon.
"Product diversity, scale and technology are increasingly important to maintain relevance. The latest trends include passive, smart beta, robo and alternatives to name a few," Fannon writes. "IVZ checks the box with all of these buzz words in terms of its product capabilities." Fannon highlights Invesco's ETF arm (PowerShares) and Invesco's freshly-acquired roboadvisor (Jemstep). And he adds that Invesco's "ability to capitalize and differentiate with some of these products ... remains up for debate." Invesco's market cap now stands at $12.04 billion. As of May 31, Invesco's AUM stood at $791.1 billion, so its market cap translates into 1.52 percent of AUM. And Morningstar estimates put Invesco at number two in mutual fund industry net flows last month, behind only Vanguard. Printed from: MFWire.com/story.asp?s=54259 Copyright 2016, InvestmentWires, Inc. All Rights Reserved |