Asset Management Companies Report AUMs, Acquisitions, Quarter and Year-End Results, and Appointments - Research Report on Franklin Templeton Investments, AMG, Invesco, Prospect Capital, and Blackstone
NEW YORK, August 27, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Franklin Resources Inc. (NYSE: BEN), Affiliated Managers Group Inc. (NYSE: AMG), Invesco Ltd. (NYSE: IVZ), Prospect Capital Corporation (NASDAQ: PSEC), and The Blackstone Group (NYSE: BX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Franklin Resources Inc. Research Report
On August 8, 2013, Franklin Resources Inc. (Franklin Templeton Investments) reported preliminary month-end assets under management (AUM) by the Company's subsidiaries of $834.1 billion at July 31, 2013, compared to $815.0 billion at June 30, 2013, and $718.7 billion at July 31, 2012. Franklin Templeton Investments also stated that its total equity was $328.9 billion at July 31, 2013, compared to $313.5 at June 30, 2013, and $281.3 at July 31, 2012. Total fixed-income was $364.4 billion at July 31, 2013, compared to $365.7 billion at June 30, 2013, and $325.9 billion at July 31, 2012. The Full Research Report on Franklin Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/BEN]
--
Affiliated Managers Group Inc. Research Report
On August 19, 2013, Affiliated Managers Group Inc. (AMG) announced that its subsidiary, AMG Wealth Partners, LP, has acquired an equity interest in Clarfeld Financial Advisors, LLC (Clarfeld). According to Sean M. Healey, AMG's Chairman and CEO, "Clarfeld is recognized as one of the leading wealth advisory boutiques and we are pleased to welcome them as a partner. Rob Clarfeld and his team have built a highly regarded advisory business with a loyal client following, a strong culture of risk management and a breadth of services and expertise typically found only at much larger firms." The Full Research Report on Affiliated Managers Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/AMG]
--
Invesco Ltd. Research Report
On August 12, 2013, Invesco Ltd. (Invesco) reported a 3.4% MoM (month over month) increase in preliminary month-end assets under management (AUM) to $729.4 billion at July 31, 2013 due to favorable market returns, increases in money market AUM, positive long-term flows and net flows in the QQQ's. Invesco also stated that as previously announced by the Company, it has entered into an agreement to sell Atlantic Trust Private Wealth Management, which was accounted for as discontinued operations in its Q2 2013 financial results. 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.investorsreports.com/report/2013-08-22/IVZ]
--
Prospect Capital Corporation Research Report
On August 21, 2013, Prospect Capital Corporation (Prospect Capital) reported its Q4 FY 2013 and full year FY 2013 financial results (period ended June 30, 2013). Consolidated net assets increased 75.7% YoY to $2.7 billion, or $10.72 per share, as of June 30, 2013. Net investment income in Q4 FY 2013 stood at $92.1 million, or $0.38 per share, compared to $64.2 million, or $0.51 per share, in Q4 FY 2012. For full year FY 2013, net investment income was $324.9 million, or $1.57 per share, compared to $186.7 million, or $1.63 per share, in Q4 FY 2012. 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.investorsreports.com/report/2013-08-22/PSEC]
--
The Blackstone Group Research Report
On August 22, 2013, The Blackstone Group (Blackstone) and its real estate portfolio company, La Quinta Inns & Suites, announced the appointment of Henry Cisneros, Mit Shah and Alan Bowers to La Quinta's Board of Directors. Commenting on the appointment, President and CEO of La Quinta, stated, "This is an exciting time for our company. We look forward to capitalizing on the experience and knowledge these new board members bring as we continue to accelerate the growth of the La Quinta brand." Additionally, Bill Stein, Global Head of Asset Management of Blackstone's Real Estate Group, said, "We are pleased that Henry, Mit and Alan have agreed to lend their considerable talents and expertise to the board of La Quinta. Their collective experience will be invaluable to La Quinta as the company continues to grow." The Full Research Report on The Blackstone Group - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/BX]
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
InvestorsReports.com
SOURCE Investors' Reports
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article