Invesco LTD - IVZ STOCK NEWS

Invesco Real Estate Income Trust Inc. (INREIT) announced a public offering of common stock, aiming to raise $2.4 billion. This offering includes five classes of shares, priced at their net asset value. Operative since September 2020, INREIT focuses on stabilized, income-generating commercial real estate in the U.S., targeting a portfolio of at least 80% private real estate. The trust plans to qualify as a real estate investment trust for tax purposes. Invesco Distributors, Inc. acts as the dealer manager for the offering, which has been declared effective by the SEC.

Invesco Ltd. (NYSE: IVZ) reported preliminary month-end assets under management (AUM) of $1,459.0 billion for April 30, 2021, reflecting a 3.9% increase from the previous month. The firm experienced total net inflows of $13.1 billion, including net long-term inflows of $7.2 billion. However, there were non-management fee earning net outflows of $1.9 billion. Gains in AUM were supported by favorable market returns adding $39 billion and foreign exchange adjustments adding $3 billion. Average AUM for the quarter ending April 30 was $1,447.0 billion.

Invesco Advisers plans to reorganize the Invesco Dynamic Credit Opportunities Fund (NYSE: VTA) into a closed-end interval fund, subject to shareholder approval at an upcoming meeting in September 2021. The reorganization, anticipated to close in October 2021, will include the issuance of four classes of shares and quarterly repurchase offers for liquidity. Additionally, a cash tender offer for up to 20% of the Fund's shares at 98.5% of NAV will commence before October 1, 2021. This move is in accordance with an agreement with Saba Capital Management.

Invesco's new study, "Watch Your Language: Rethinking how we communicate with participants," explores how language influences defined contribution (DC) plan participants' understanding and behavior towards investment options. The findings highlight a preference for effective communication that emphasizes retirement income over savings. Key insights indicate that 60% of participants prioritize income generation, with 70% favoring professionally managed funds. The study surveyed 1,607 participants and involved focus groups, revealing critical gaps in communication strategies among plan sponsors.

Invesco Ltd. (NYSE: IVZ) reported a strong performance for Q1 2021, highlighting net long-term inflows of $24.5 billion and an 8.8% annualized organic growth rate. The company achieved total AUM of $1,404.1 billion, up 4.0% from Q4 2020. Operating revenues reached $1,659.7 million, with a 20.7% operating margin. Adjusted EPS declined 5.6% to $0.68, impacted by a higher tax rate and lower net market gains. A dividend increase of 10% to $0.17 per share was approved, reflecting the company’s robust cash flow and liquidity improvements.

Invesco Ltd. (NYSE: IVZ) announced the launch of the Invesco MSCI Green Building ETF (GBLD) on April 22, 2021. This ETF focuses on the entire green building ecosystem, targeting companies involved in sustainable real estate, construction, redevelopment, and retrofitting of green-certified properties. This launch marks Invesco's expansion of its relationship with MSCI, making it the first US asset manager to license the MSCI Global Green Building Index for an ETF. With rising demand for green buildings, GBLD aims to align investments with sustainable values and mitigate climate change.

Invesco Ltd. (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,404.1 billion as of March 31, 2021, reflecting a 0.9% increase from the previous month. The firm saw total net inflows of $6.4 billion with net long-term inflows of $5.9 billion. However, there were $1.3 billion in money market net outflows. Factors impacting AUM included favorable market returns (+$10 billion) and a foreign exchange effect (-$4.3 billion). The average AUM for Q1 2021 was $1,395.1 billion.

Invesco Ltd. (NYSE: IVZ) is set to report its first quarter 2021 results on April 27, 2021. The earnings release and presentation materials will be available on the Company's Investor Relations website at approximately 7:00 a.m. ET. A conference call to discuss these results will follow at 9:00 a.m. ET, accessible via audio webcast. For participation, US & Canada callers can dial 866-803-2143 while international participants should call 1-210-795-1098, using passcode 'Invesco'. An audio replay will be available post-call, expiring on May 11, 2021.

Invesco Ltd. (NYSE: IVZ) announced its 2020 Investment Stewardship Annual Report, detailing the integration of Environmental, Social, and Governance (ESG) principles in its investment strategy. As of 2020, Invesco managed $34.5 billion in ESG assets under management (AUM), up from $21 billion in 2019. The firm aims to fully integrate ESG factors into all investments by 2023, currently achieving 75%. Notably, Invesco's Proxy Voting saw engagement in 10,399 meetings, voting on 247,465 resolutions.