Legg Mason Inc

In 1Q18, State Street had fixed-income and short-term-and-other-investment AUCA of $10.1 trillion and $3.9 trillion, respectively.

Invesco (IVZ) incurred total operating expenses of $3.8 billion in 2017 compared to $3.5 billion in 2016, implying an increase of 9.1% year-over-year.

On March 31, 2018, Invesco Limited’s (IVZ) total assets under management totaled $934.2 billion, which implies a 1.2% fall compared to February.

Analysts gave a high estimate for Invesco’s (IVZ) 1Q18 earnings per share of $0.72 and a low estimate of $0.64.

State Street Corporation’s (STT) investment management business generated revenues of $1.6 billion in 2017, up from $1.3 billion in 2016.

Blackstone (BX) is covered by 14 analysts in March 2018. Seven of them are recommending a “strong buy” for the stock, and six are rating it a “buy.”

Thirteen analysts are covering the Blackstone Group (BX) in February 2018. Of these 13, only one is suggesting a “hold” on the stock, and none are recommending “strong sells” or “sells.”

Analysts’ ratings Of the 14 analysts covering The Blackstone Group (BX) in January 2018, seven have recommended “strong buy,” six have recommended “buy,” and one has recommended “hold.” There were no “strong sell” or “sell” recommendations. Peer comparison In January 2018, of the 11 analysts covering Ameriprise Financial (AMP), three have recommended “strong buy,” three have recommended “buy,” and five […]

Invesco Limited (IVZ) garners its total assets under management (or AUM) from two channels: retail and institutional.

Invesco Limited (IVZ) reported total assets under management (or AUM) of $917.5 billion on September 30, 2017.

Invesco has seen a YoY rise in employee compensation expenses from $345.1 million in 3Q16 to $393.1 million in 3Q17.

Invesco (IVZ), an investment management company, reported earnings per share (or EPS) of $0.71 in 3Q17, higher than Wall Street analyst predictions of $0.66.

The Carlyle Group (CG) is being tracked by 12 analysts in November 2017. Five of them have rated the stock a “hold,” and four have given it a “strong buy.”

On June 30, 2016, Carlyle Group (CG) reported total assets under management (or AUM) of $175.6 billion.

The Financial Select Sector SPDR ETF (XLF) closed at $22.05 on April 8, falling 2.9% during the week.

Small-cap and mid-cap companies, which have market capitalizations under $2 billion and $10 billion, respectively, outperformed large-cap stocks last week and rose 7.9%.

There are 285 analysts who cover the 15 diversified financial services stocks within the Financial Select Sector SPDR ETF (XLF). Of these, 162 have assigned “buy” ratings to the stocks.

Amid the current global slowdown, asset managers, banks, and other financial stocks have fallen steeply. BlackRock fell 4.7% on February 8, 2016.

Of the 285 analysts covering the diversified financial services sub-group, there are 162 “buy,” 15 “sell,” and 108 “hold” ratings on the group.

Out of the 290 analysts covering the 15 stocks in the diversified financial services subgroup, 167 issued “buy” ratings and 108 issued “hold” ratings.

Large-cap stocks above $10 billion make up 87.3% of the Financial Select Sector SPDR Fund (XLF).

In this article, we’ll compare Eaton Vance with its peers. Peers include Franklin Resources, T. Rowe Price, Legg Mason, and Waddell & Reed Financial.

Eaton Vance reported fiscal 4Q15 revenue of $341.4 million, a fall of 7.3% when compared to the company’s revenue of $368.4 million in fiscal 4Q14.

Diversified financial stocks within the Financial Select Sector SPDR Fund (XLF) rose 2.1% on November 18, 2015.

Peers have outperformed Legg Mason based on PBV. However, Legg Mason is way ahead of its peers based on PE.

Among the 209 analysts following the ten stocks in the asset management subsector, 92 have given it a “buy” rating, 14 a “sell,” and 103 a “hold.”

Legg Mason (LM) announced on May 1 that its assets under management were down by 1% to $702.7 billion when compared with the previous quarter.

T. Rowe Price Group manages $477.6 billion in sponsored mutual funds, the assets under management of which have grown 17% over the past three years.

The length of time seed capital is held in a portfolio depends on various factors such as how long it takes to generate cash flow from unrelated investors.

T. Rowe Price Group builds its base of assets under management using four main distribution channels, mainly third-party financial intermediaries.

Over time, T. Rowe Price Group has increased funding for long-term initiatives to innovate, introduce new funds, and expand its distribution channels.

T. Rowe needs to diversity and reduce the risks arising from economic slowdowns in certain countries and regions.

T. Rowe Price Group has delivered above-average growth in terms of capital profits and dividends. Its dividend yield has been ~2% over the past five years.

Trian Fund’s objective is to generate significant capital appreciation for investors using its operations-centric investment strategy.

Until now, the clientele for alternative assets was limited. To capture future growth, companies will need to build strong brands and reach more investors.

Despite a unique set of risks, alternative assets provide tools to sophisticated investors to improve the risk-return tradeoff in their portfolios.

Close-ended funds are a cross between actively managed mutual funds and ETFs. But the cost of trading in close-ended funds is much higher.

Index funds’ product offerings have evolved. For example, funds based on sector indices have been created, such as the First Trust NYSE Arca Biotechnology Index Fund.

Low cost is one of the reasons we’re seeing growing confidence in index funds. Index funds have experienced net inflows in each of last five years

In return for investing a client’s money, mutual funds charge a fee, generally an annual fee set as a percentage of the client’s assets. This fee is the only source of income for a mutual fund-focused asset manager.

There are investors who are willing to take on higher risk to generate above-average market returns. For these investors, active funds offer the optimal investment avenue.

Audited and verified annual figures at the end of 2013 indicate that total assets under management of US registered investment companies equalled nearly $17.1 trillion.

The efficient market hypothesis maintains that the market prices everything correctly and so it isn’t possible to outperform the market in the long run.

Sometimes the term “asset management” is also used to denote the upkeep of a plant, machinery, or equipment in order to generate better returns.

Much of the headline space for the last week covered the legendary bond mutual fund manager Bill Gross leaving Pacific Investment Management Company, LLC, (or PIMCO) to join Janus Capital (JNS).

When a firm takes on very high leverage and the trade turns out to be a loss, it can wipe out a bank’s entire profits and capital very quickly—during the sub-prime crisis, the collapse of Lehman Brothers—the largest bankruptcy filing in U.S. history—was due to leveraged trading.

Fixed income money flow continues to be dominated by the taxable category with only marginal interest by investors in the tax-free category