Janus Capital Group, Inc. (JNS) recorded a positive earnings surprise of 9.5% in first-quarter 2017. The company reported adjusted earnings per share of 23 cents, beating the Zacks Consensus Estimate of 21 cents.
Legg Mason Inc. (LM), a Baltimore-based global asset management firm, reported a rise in its assets under management (AUM) as of Mar 31, 2017 compared with the prior month.
Invesco Limited Term Municipal Income Y Fund (ATFYX) seeks to generate a high level of tax-exempt income as is consistent with the preservation of capital
Investors interested in maintaining a diversified portfolio might consider investing in equal-weight funds.
Invest in European mutual funds on encouraging election results and upbeat economic reports.
Baltimore-based Legg Mason Inc. (LM) reported a rise in its assets under management (AUM) as of Feb 28, 2017 as compared with the prior month. Preliminary month-end AUM came in at $722.9 billion, up 1.3% from Jan 2017.
Invesco Ltd. (IVZ) announced an increase in its preliminary month-end assets under management ("AUM") for Feb 2017.
Franklin Resources Inc. (BEN) announced preliminary assets under management (AUM) by its subsidiaries of $738.2 billion for Feb 2017. The results displayed around 1.3% rise from $728.8 billion as of Jan 31,2017.
Neil Woodford’s new fund says it will pay 5% in the first year. We ask top financial advisers if it is a safe bet for your moneyIt says it will pay an initial 5% income, it is looked after by the most successful investment manager of his generation, it can be put into a tax-free Isa and comes under the financial services compensation scheme. With building society accounts paying just 1% on deposits, should savers take the risk of investing in Neil Woodford’s new Income Focus fund of high dividend-paying shares?Woodford has built a loyal following among small investors and financial advisers. A £10,000 investment put into his fund at Invesco Perpetual in 1988 would, over 25 years, have turned into £230,000. Since setting up Woodford Investment Management in 2013 he has seen more than £10bn pour in from faithful investors. Continue reading...