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[$$] Invesco: A Good Stock Pick for Bad Times
U.S. stocks are down 5% from their Jan. 26 peak, while shares of Invesco have fallen much more, about 15%. Like any mutual fund company, Invesco earns fees tied to the value of the assets it manages, so in the near term, it will probably make less if stocks go into a prolonged dive. One reason is that a downturn might help Invesco (IVZ) step out of the shadow of industry titan BlackRock (BLK) by displaying the value of Invesco’s bread-and-butter strategy: factor investing.
http://finance.yahoo.com/r/6649f568...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
U.S. stocks are down 5% from their Jan. 26 peak, while shares of Invesco have fallen much more, about 15%. Like any mutual fund company, Invesco earns fees tied to the value of the assets it manages, so in the near term, it will probably make less if stocks go into a prolonged dive. One reason is that a downturn might help Invesco (IVZ) step out of the shadow of industry titan BlackRock (BLK) by displaying the value of Invesco’s bread-and-butter strategy: factor investing.
http://finance.yahoo.com/r/6649f568...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
