Invesco Ltd. Announces April 30, 2024 Assets Under Management
Invesco reported a decrease in assets under management (AUM) to $1,625.2 billion as of April 30, 2024.
Sentiment and the balance of points
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Rhea-AI Summary
Invesco reported a decrease in assets under management (AUM) to $1,625.2 billion as of April 30, 2024. The firm experienced net long-term inflows of $5.0 billion, with non-management fee earning net inflows of $0.7 billion and money market net outflows of $1.0 billion. Unfavorable market returns and FX impacts contributed to the decrease in AUM. Preliminary average total AUM for the quarter through April 30 was $1,640.4 billion.
Positive
- None.
Negative
The decrease of 2.3% in assets under management compared to the previous month is considered a negative aspect for Invesco
The negative impact of unfavorable market returns and FX on AUM highlights potential challenges for the company.
The money market net outflows of $1.0 billion could raise concerns about future financial performance.
Details
News Market Reaction – IVZ
The recorded move for IVZ in the trading session of this news was +2.50%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Total Assets Under Management | |||||||||
(in billions) |
Total | ETFs & Index Strategies | Fundamental Fixed Income |
Fundamental Equities |
Private Markets |
APAC Managed |
Multi-Asset/Other |
Global Liquidity |
QQQs |
April 30, 20241 | |||||||||
March 31, 2024 | |||||||||
February 29, 2024 | |||||||||
January 31, 2024 | |||||||||
1 Preliminary – subject to adjustment.
About Invesco Ltd.
Invesco Ltd. (NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. With offices in more than 20 countries, our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. For more information, visit www.invesco.com/corporate.
Category: AUM
Investor Relations Contacts: Greg Ketron 404-724-4299
Jennifer Church 404-439-3428
Media Relations Contact: Andrea Raphael 212-323-4202
View original content to download multimedia:https://www.prnewswire.com/news-releases/invesco-ltd-announces-april-30-2024-assets-under-management-302141349.html
SOURCE Invesco Ltd.
FAQ
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