The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Flanagan's Moves are Paying Off at Invesco, MarketWatch Says Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, January 27, 2009

Flanagan's Moves are Paying Off at Invesco, MarketWatch Says

by: Armie Margaret Lee

MarketWatch's Sam Mamudi penned an article on the rebound at Invesco, attributing the turnaround to the changes president and CEO Martin Flanagan implemented since taking over the top job in 2005.

Mamudi notes that prior to the market's collapse in October, Invesco' stock had been trading above $20 for the previous two years. Invesco last saw that level in mid-2002. These days, Invesco's shares are roughly in line with the upper tier of publicly traded asset managers including Franklin Resources, BlackRock and Eaton Vance.

Since becoming Invesco's top executive, Flanagan simplified the organization, changed how its funds are managed and revamped the corporate culture. He also pulled the trigger on two deals, snapping up PowerShares Capital Management and WL Ross & Co.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use