Invesco Ltd. (IVZ) Misses Q1 EPS by 18c, Revenues Beat

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. RNG
2. WDC
3. DECK
4. BYD
5. WCN
6. SPOT
7. FIX
8. TSCO
9. BE
10. SLM

Go back to Invesco Ltd. (IVZ) Misses Q1 EPS by 18c, Revenues Beat

Dash for emergency cash provokes fund industry backlash

April 21, 2020 11:12 AM EDT

By Simon Jessop, Sinead Cruise and Abhinav Ramnarayan

LONDON (Reuters) - As companies pull the emergency cash cord to help them through the coronavirus crisis, shareholders have been split by an easing of the rules to make it easier for them to turn to investors with the deepest pockets.

In pursing this path, cash-strapped publicly-listed companies and institutional fund managers risk alienating legions of loyal retail investors, whose holdings are diluted.

A change to British market regulations last month enabled firms to raise equity equivalent to up to 20% of their share capital in quick-fire share sales.

... More