Invesco
About: Invesco provides investment-management services to retail (66% of managed assets) and institutional (34%) clients. At the end of August 2024, the firm had $1.752 trillion in assets under management spread among its equity (58% of AUM), balanced (4%), fixed-income (23%), alternative investment (7%), and money market (8%) operations. Passive products account for 42% of Invesco's total AUM, including 65% of the company's equity operations and 15% of its fixed-income platform. Invesco's US retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside of North America, with 28% of its AUM sourced from Europe, Africa, and the Middle East (14%) and Asia (14%).
Employees: 8,524
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]
47% more capital invested
Capital invested by funds: $4.63B [Q2] → $6.78B (+$2.15B) [Q3]
25% more repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 150
17.23% more ownership
Funds ownership: 68.53% [Q2] → 85.76% (+17.23%) [Q3]
13% more call options, than puts
Call options by funds: $112M | Put options by funds: $98.9M
1% more funds holding
Funds holding: 467 [Q2] → 472 (+5) [Q3]
8% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 62
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Deutsche Bank Brian Bedell 75% 1-year accuracy 30 / 40 met price target | 8%upside $19 | Hold Maintained | 11 Nov 2024 |
Evercore ISI Group Glenn Schorr 97% 1-year accuracy 33 / 34 met price target | 13%upside $20 | In-Line Maintained | 7 Nov 2024 |
RBC Capital Kenneth Lee 77% 1-year accuracy 47 / 61 met price target | 8%upside $19 | Sector Perform Maintained | 23 Oct 2024 |
Goldman Sachs Alexander Blostein 77% 1-year accuracy 34 / 44 met price target | 10%upside $19.50 | Neutral Maintained | 23 Oct 2024 |
Evercore ISI Group Glenn Schorr 97% 1-year accuracy 33 / 34 met price target | 8%upside $19 | In-Line Maintained | 23 Oct 2024 |
Financial journalist opinion
Based on 18 articles about IVZ published over the past 30 days
