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Rating:One Analyst Smiles on Invesco Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, May 30, 2013

One Analyst Smiles on Invesco

News summary by MFWire's editors

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.  

Edited by: Ben Geier


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