Technical Summary on Asset Management and Custody Bank Stocks -- Research on Invesco, State Street, KKR and Co., and MCG Capital

LONDON, July 7, 2014 /PRNewswire/ --

On Thursday, July 03, 2014, the NASDAQ Composite ended at 4,485.93, up 0.63%, the Dow Jones Industrial Average finished the day 0.54% higher at 17,068.26, and the S&P 500 closed at 1,985.44, up 0.55%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 310.64, up 0.77%, and the index has advanced 2.91% in the last one month. Investor-Edge has initiated coverage on the following equities: Invesco Ltd (NYSE: IVZ), State Street Corp. (NYSE: STT), KKR & Co. L.P. (NYSE: KKR) and MCG Capital Corp. (NASDAQ: MCGC). Free technical research on IVZ, STT, KKR and MCGC can be downloaded upon signing up at:

http://www.investor-edge.com/4551-register

On Thursday, Invesco Ltd's stock recorded a trading volume of 0.91 million shares, lower than its three months average volume of 2.81 million shares. The stock finished the day at $38.66, up 1.18%, hitting a new 52-week high of $38.73. Invesco Ltd's shares have advanced 2.41% in the previous three trading sessions and 1.26% in the last one month. Also, the stock has gained 6.21% on YTD basis. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $36.53 is above its 200-day moving average of $34.85. Additionally, shares of the company traded at a PE ratio of 20.25 and have a Relative Strength Index (RSI) of 67.85. Sign up today to read free research on IVZ at:

http://www.investor-edge.com/4551-IVZ-07Jul2014.pdf

State Street Corp.'s stock gained 1.09%, to close Thursday's session at $68.84, after oscillating between $68.41 and $69.18. The stock recorded a trading volume of 1.26 million shares, below its three months average volume of 2.45 million shares. Over the last one month and previous three months, State Street Corp.'s shares have advanced 2.75% and 0.86%, respectively. However, from the beginning of 2014, the company's stock has lost 6.20%. The stock is trading above its 50-day and 200-day moving averages. The company stock's 200-day moving average of $68.27 is above its 50-day moving average of $65.75. Further, the company's stock traded at a PE ratio of 14.31 and has an RSI of 64.35. Sign up today to read free research on STT at:

http://www.investor-edge.com/4551-STT-07Jul2014.pdf

On Thursday, KKR & Co. L.P.'s stock finished the session 0.61% higher at $24.86. A total of 0.87 million shares were traded, which was below its three months average volume of 2.74 million shares. The stock moved between $24.56 and $24.92 during the session. Over the last one month and past three months, KKR & Co. L.P.'s shares have surged 3.37% and 5.12%, respectively. Also, the stock has gone up 2.14% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $23.47 is greater than its 200-day moving average of $23.36. KKR & Co. L.P.'s stock traded at a PE ratio of 1.82 and has an RSI of 66.91. Sign up today to read free research on KKR at:

http://www.investor-edge.com/4551-KKR-07Jul2014.pdf

Shares in MCG Capital Corp. fluctuated between $3.87 and $3.93 before ending Thursday's session flat at the previous day's closing price of $3.89. The company's stock reported a trading volume of 0.52 million shares, below its three months average volume of 1.08 million shares. Further, shares of MCG Capital Corp. have rallied 11.78% over the last one month and 2.37% over the past three months. However, the stock has plummeted 11.59% on YTD basis. The stock is trading above its 50-day moving average. The stock's 200-day moving average of $4.22 is greater than its 50-day moving average of $3.50. Moreover, shares of the company have an RSI of 71.22. Sign up today to read free research on MCGC at:

http://www.investor-edge.com/4551-MCGC-07Jul2014.pdf


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EDITOR'S NOTES:
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