NEW YORK, August 18, 2016 /PRNewswire/ --
Asset Management remains to be a challenged segment as investors continue to shift into exchange-traded funds (ETFs). As per
Morgan Stanley, organic growth in assets under management for the industry as a whole is only 0.9% since the start of 2016,
whereas ETF asset growth is a high 8.9%. Stock-Callers.com takes a look at the following stocks and see where they stand in the
market today: The Bank of New York Mellon Corp. (NYSE: BK), Invesco Ltd (NYSE: IVZ), The Blackstone Group L.P. (NYSE: BX), and
Voya Financial Inc. (NYSE: VOYA). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
The Bank of New York Mellon
At the close on Wednesday, shares in New York headquartered The Bank of New York Mellon Corp.
rose 0.55%, ending the day at $40.21. The stock recorded a trading volume of 3.94 million shares.
The Company's shares have advanced 1.74% in the last one month. The stock is trading above its 50-day and 200-day moving averages
by 2.04% and 3.34%, respectively. Moreover, shares of The Bank of New York Mellon, which provides financial products and services
to institutions, corporations, and high net worth individuals in the US and internationally, have a Relative Strength Index (RSI)
of 53.66.
As per the notes filed with the SEC, on August 16th, 2016, The Bank of New York
Mellon issued $1,250,000,000 aggregate principal amount of its 2.200% Senior Medium-Term Notes
Series I due 2023 and $750,000,000 aggregate principal amount of its 2.450% Senior Medium-Term
Notes Series I due 2026. Free research report on BK is available at:
http://stock-callers.com/registration/?symbol=BK
Invesco
Shares in Atlanta, Georgia-based Invesco Ltd ended the day 0.74% higher at $29.95 and with a total volume of 2.85 million shares traded. In the last one month and the previous three
months, the stock has gained 9.54% and 4.29%, respectively. The Company's shares are trading above their 50-day and 200-day
moving averages by 8.78% and 2.40%, respectively. Furthermore, shares of Invesco, which provides its services to retail clients,
institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments,
foundations, pension funds, financial institutions, and sovereign wealth funds, have an RSI of 63.38.
On August 9th, 2016, Invesco reported preliminary month-end assets under management
(AUM) of $811.8 billion, an increase of 4.1% month over month. The increase was driven by favorable
market returns, net long-term inflows, an increase in money market AUM, and inflows in the Powershares QQQs. Preliminary average
total AUM for the quarter through July 31st were $799.4
billion, and preliminary average active AUM for the quarter through July 31st
were $662.2 billion. The complimentary research report on IVZ can be downloaded at:
http://stock-callers.com/registration/?symbol=IVZ
The Blackstone Group
On Wednesday, shares in New York-based The Blackstone Group L.P. finished 0.07% higher at
$27.89 with a total volume of 2.22 million shares traded. The stock has advanced 11.70% in the last
one month and 11.74% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving
averages by 9.00% and 4.46%, respectively. Additionally, shares of The Blackstone Group, which provides financial advisory
services to its clients, have an RSI of 63.33.
On August 17th, 2016, Bloomberg reported that Blackstone Group is close to an
agreement to buy an eight-building apartment complex on Manhattan's east side, for $620 million. As per Bloomberg, the New York-based firm, the world's largest
manager of alternative assets, is planning to buy Kips Bay Court from Phipps Houses, a developer of affordable housing. Visit us
today and access our complete research report on BX at:
http://stock-callers.com/registration/?symbol=BX
Voya Financial
New York-based Voya Financial Inc.'s shares recorded a trading volume of 3.21 million shares
at the end of yesterday's session, which was above their three months average volume of 2.41 million shares. The stock closed the
day at $28.63, dropping 0.49%. The Company's shares have advanced 12.72% in the last one month and
are trading above their 50-day moving average by 7.18%. Additionally, shares of Voya Financial, which operates as a retirement,
investment, and insurance company in the US, have an RSI at 62.51.
On August 3rd, 2016, Voya Financial reported that 2Q 2016 net income available to
common shareholders was $162 million, or $0.79 per diluted share,
compared to net income available to common shareholders of $285 million, or $1.24 per diluted share, in 2Q 2015. The company's total AUM was $276
billion; total AUM and administration of $466 billion as of June
30th, 2016. Get free access to your research report on VOYA at:
http://stock-callers.com/registration/?symbol=VOYA
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment
newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments.
One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports
covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered
analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and
micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a
third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on
analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document
templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is
believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed
any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently
reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or
interfere in the application of such procedures by the third-party research service company to the articles, documents or
reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or
the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss
arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or
liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document.
Additionally, SC, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities
mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers
in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with
any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a
company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA