City File: Invesco MIM going through hard time

Saturday 05 September 1992 23:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

INVESCO MIM, the fund management group run until recently by Lord Stevens, is being given a hard time by analysts. BZW has just downgraded its profit estimate from pounds 33m to pounds 22m for this year. Part of that is the effect of a weak dollar on the company's large US earnings. The rest is due to the company's own problems. It is anyone's guess whether it will pay a dividend.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

City File: Invesco MIM going through hard time

Join our commenting forum

Thank you for registering