Asset Management Companies Look at Profitable Partnerships, AUM Reports, Dividends, and New ETFs for Growth - Research Report on BNY Mellon, Invesco, Legg Mason, Prospect Capital, and WisdomTree
NEW YORK, June 21, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting The Bank of New York Mellon Corporation (NYSE: BK), Invesco Ltd. (NYSE: IVZ), Legg Mason Inc. (NYSE: LM), Prospect Capital Corporation (NASDAQ: PSEC), and WisdomTree Investments, Inc. (NASDAQ: WETF). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Bank of New York Mellon Corporation Research Report
On June 12, 2013, The Bank of New York Mellon Corporation (BNY Mellon) reported that it has further expanded its relationship with ING US Investment Management (ING US IM) to provide fund accounting and administration, custody, and transfer agency services for the Wisconsin Tomorrow's Scholar 529 Plan and the Iowa Advisor 529 Plan. Before the expansion of this relationship, ING U.S. IM was limited to handling all investment, product, marketing, sales and distribution, customer service and recordkeeping activities for the two programs. Nancy Wolcott, Executive Vice President and Head of Client Service Delivery for BNY Mellon's Global Financial Institutions group, stated, "BNY Mellon is committed to providing our investment manager clients with robust servicing solutions, including 529 services, to enhance their competitiveness." Wolcott added, "We continue to invest in technology and client services to support 529 plans as well as the growing variety of investment options our clients are bringing to the marketplace." The Full Research Report on The Bank of New York Mellon Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/4d6b_BK]
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Invesco Ltd. Research Report
On June 11, 2013, Invesco Ltd. (Invesco) released its preliminary month-end assets under management (AUM) for May 2013. AUM was up 0.4% MoM (month over month) to $751.8 billion. The Company stated that the increase was primarily attributable to favorable market returns and modestly positive long-term flows for both active and passive AUM. Active AUM was up 0.3% MoM to $622.6 billion. Passive AUM was up 1.3% MoM to $129.2 billion. Invesco also reported that FX (foreign exchange) negatively impacted its AUM by $4.7 billion during May 2013. The Full Research Report on Invesco Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/7814_IVZ]
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Legg Mason Inc. Research Report
On June 11, 2013, Legg Mason Inc. (Legg Mason) released its preliminary assets under management (AUM) for May 2013. AUM was down 0.2% MoM (month over month) to $654.3 billion. Legg Mason reported that its AUM included long-term asset inflows, driven by fixed income assets, while foreign exchange reduced AUM by approximately $4.5 billion. Equity AUM was up 2.1% MoM to $166.2 billion. Fixed Income AUM was down 2.3% MoM to $362.8 billion. Long-term AUM was down 1% MoM to $529 billion. Liquidity was up 3.3% MoM to $125.3 billion. The Full Research Report on Legg Mason Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/035f_LM]
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Prospect Capital Corporation Research Report
On June 17, 2013, Prospect Capital Corporation's (Prospect Capital) Board of Directors declared monthly cash dividends, after reviewing the Company's earnings guidance for the remainder of 2013 and 2014. For September 2013, the dividend will be 11.02 cents per share, payable on October 24, 2013 to shareholders of record as of September 30, 2013. For October, November and December 2013, dividend will be 11.03 cents per share, payable on the following dates: October 2013 dividend will be payable on November 21, 2013 to shareholders of record as of October 31, 2013; November 2013 dividend will be payable on December 19, 2013 to shareholders of record as of November 29, 2013; and December 2013 dividend will be payable on January 23, 2014 to shareholders of record as of December 31, 2013. The Full Research Report on Prospect Capital Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/e985_PSEC]
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WisdomTree Investments, Inc. Research Report
On June 13, 2013, WisdomTree Investments, Inc. (WisdomTree) announced that it has listed 12 additional ETFs under The Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV), S.A.B. de C.V. WisdomTree reported that all 12 ETFs are listed in the special international section of the BMV, the Sistema Internacional de Cotizaciones (SIC). Jonathan Steinberg, President and CEO of WisdomTree, said, "We are pleased to cross-list an additional 12 ETFs on the Bolsa Mexicana de Valores and further expand WisdomTree's exposure in Mexico and our relationship with Compass Group Holdings S.A." The Full Research Report on WisdomTree Investments, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/b7a0_WETF]
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SOURCE Wall Street Reports
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