Word: invesco
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More recently, the investor spotlight has been shining brightly on a new line of ETFs - ones that are actively managed. Firms ranging from Invesco to Pimco have launched about 12 of these funds over the past two years; others, such as T. Rowe Price Group and John Hancock Funds, are preparing to roll out similar funds, all in an effort to go head-on against actively managed mutual funds. "It's clearly a category that's attracting more interest among ETF providers and mutual-fund companies," says Standard & Poor's Tom Graves. "It combines the characteristics of a passive, index...
...have been cautious on the group, giving only lukewarm receptions to four entities that recently went public in the sector: PennyMac raised only $335 million in its IPO - less than half of the $750 million it had expected - and its stock fell below its opening price after trading began; Invesco Mortgage Capital Inc. (IVR) raised $170 million; and Cypress Sharpridge Investments (CYS) grabbed $100 million. Starwood fared better, raising $810 million - the second largest IPO this year - but its share price also slipped below its IPO price the first day. (See which businesses are bucking the recession...
...next saw Obama at his final stop before Super Tuesday in Boston, and then again at the Democratic National Convention in Denver. With each successive Obama-sighting, the crowds grew larger. The 80,000-person crowd that packed the bleachers at Invesco Field was a far cry from the small gathering in the Birmingham living room the summer before...
...Black Eyed Peas, as he bounced across the stage in a tent outside of the Colorado Convention Center early Friday morning, hours after Barack Obama delivered his keynote speech to a crowd of over 80,000—including me—at Denver’s Invesco Field...
...already won the primaries. But that’s not what I saw. What I saw—all the way from an incredible portrait exhibit in the daytime convention center, where every issue group imaginable caucused each day, to my seat in a club space at Invesco Field—was a party comprised of incredibly varied and complex individuals...