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News Breaks | | | | September 27, 2012 | | 05:40 EDT |  | IVZ | Invesco to acquire 49% of Religare Asset Management
Religare Enterprises Ltd, or REL and Invesco announced that Invesco has entered into a definitive agreement to acquire a 49% interest in Religare Asset Management Co., or RAMC. RAMC, the asset management arm of REL, is among the top fifteen asset management companies in India, with combined onshore and offshore advisory assets under management of over $2.6B as of Aug. 31 and a presence in 53 cities across India. Invesco currently has a presence in India's Mumbai through its affiliate WL Ross & Co. It also operates an enterprise center in Hyderabad, first opened in 2006, employing more than 600 staff across a range of global support functions including information technology, investment operations, finance, compliance and human resources. The joint venture, RAMC, will be headed by Saurabh Nanavati, the CEO of RAMC, along with the existing management team. The transaction is subject to regulatory approvals. | |
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| May 16, 2013 | | 07:41 EDT |  | IVZ | Wells Faro to host a conference
 Subscribe for More Information | | | May 15, 2013 | | 17:03 EDT | | IVZ | Soros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF). | | | May 14, 2013 | | 11:39 EDT |  | IVZ | High option volume stocks: IVZ BGCP SCTY DNR AEGR
Subscribe for More Information | | | May 13, 2013 | | 10:09 EDT |  | IVZ | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 06:44 EDT | | IVZ | Invesco downgraded to Neutral from Buy at UBS
Subscribe for More Information | | | May 9, 2013 | | 16:04 EDT | | IVZ | Invesco reports April assets under management $748.5B
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