Investors more tolerant of risk, Invesco says

Investors are becoming more tolerant of risk as they position themselves for greater returns in the long term, Atlanta-based investment giant Invesco said Thursday.

January has started strong, company executives said in a fourth quarter conference call.

“It is a very different start to the year than I can tell you that I’ve seen in the last five years,” president and CEO Martin Flanagan said. “We are seeing investment in active equities to a degree that we have not seen in a period of time.”

For the fourth quarter, Invesco’s profits were down 21.6 percent, to $158.7 million. They were down 7.2 percent, to $677.1 million, for 2012.

Invesco’s operating revenue was up 9.6 percent, to $1.09 billion, in the fourth quarter. Assets under management at the end of 2012 were $687.7 billion, up 10 percent over 2011.

About the Author

U.S. DOT terminates Delta, Aeromexico joint venture

The U.S. government has alleged the government of Mexico has “repeatedly distorted competition in the market” in violation of the countries’ air transport agreement.

28m ago

Georgia has recruited India for business. Some entrepreneurs fear new tariffs.

The yearslong effort to bring Indian goods and businesses to Georgia is now in jeopardy because of President Donald Trump's tariffs, officials and business owners say.

At long last: CBS’ first Atlanta newsroom wraps debut broadcast

Less than four months after announcing plans to upstart a news operation in Atlanta, CBS’ first local news broadcast has arrived.

The Latest

Credit: Miguel Martinez

Opinion: Charging EVs away from home keeps getting easier

Hyundai’s Georgia electric vehicle plant: What you need to know

OPINION

EV tax credits end in September. Here are the cars that qualify.

Featured

Credit: Jason.Getz@ajc.com

A Braves fan took a ball to the face. The team may be liable, judges say.

The Atlanta Braves and former right fielder Jorge Soler face a lawsuit by a fan hit in the eye with a ball during a World Series game at Truist Park in 2021.

Joro spiders multiply across Georgia, spinning their pesky webs

The invasive species has multiplied rapidly in Atlanta in the last three years, research shows.

Ford settles billion-dollar Georgia lawsuits over fatal wrecks

Ford Motor Co. has settled two Georgia lawsuits that elicited record-setting jury verdicts of $1.7 billion and $2.5 billion, ending more than a decade of litigation.