Invesco Ltd. Announces August 31, 2024 Assets Under Management

Invesco (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,751.8 billion as of August 31, 2024, marking a 1.1% increase from the previous month-end.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

Invesco (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,751.8 billion as of August 31, 2024, marking a 1.1% increase from the previous month-end. The firm experienced net long-term inflows of $2.4 billion and non-management fee earning net inflows of $0.9 billion. However, there were money market net outflows of $6.4 billion.

Favorable market returns boosted AUM by $16 billion, while foreign exchange movements contributed an additional $7.3 billion. Preliminary average total AUM for the quarter through August 31 stood at $1,730.2 billion, with preliminary average active AUM at $1,003.3 billion.

Positive

Assets under management (AUM) increased by 1.1% to $1,751.8 billion
Net long-term inflows of $2.4 billion
Favorable market returns increased AUM by $16 billion
Foreign exchange movements contributed $7.3 billion to AUM growth

Negative

Money market net outflows of $6.4 billion

Argus Session date unavailable

+0.38% session move Open Argus

Details

News Market Reaction – IVZ

The recorded move for IVZ in the trading session of this news was +0.38%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

09/11/2024 - 04:15 PM

ATLANTA, Sept. 11, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,751.8 billion, an increase of 1.1% versus previous month-end. The firm delivered net long-term inflows of $2.4 billion in the month. Non-management fee earning net inflows were $0.9 billion and money market net outflows were $6.4 billion. AUM was positively impacted by favorable market returns which increased AUM by $16 billion. FX increased AUM by $7.3 billion. Preliminary average total AUM for the quarter through August 31 were $1,730.2 billion, and preliminary average active AUM for the quarter through August 31 were $1,003.3 billion.

Total Assets Under Management
(in billions)	Total	ETFs & Index Strategies	Fundamental Fixed Income	Fundamental Equities	Private Markets	APAC Managed	Multi- Asset/Other	Global Liquidity	QQQ
August 31, 2024¹	$1,751.8	$444.2	$284.6	$275.2	$129.6	$113.8	$62.8	$153.1	$288.5
July 31, 2024	$1,732.0	$431.5	$278.8	$272.1	$129.5	$114.1	$61.5	$159.5	$285.0
June 30, 2024	$1,715.8	$415.1	$272.6	$268.8	$129.1	$112.4	$59.6	$171.6	$286.6
May 31, 2024	$1,687.7	$405.6	$271.5	$268.3	$127.7	$111.5	$60.0	$173.0	$270.1

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-august-31-2024-assets-under-management-302245384.html

SOURCE Invesco Ltd.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What was Invesco's (IVZ) total AUM as of August 31, 2024?

Invesco (IVZ) reported preliminary total assets under management (AUM) of $1,751.8 billion as of August 31, 2024.

How much did Invesco's (IVZ) AUM increase compared to the previous month?

Invesco's (IVZ) AUM increased by 1.1% compared to the previous month-end.

What were Invesco's (IVZ) net long-term inflows for August 2024?

Invesco (IVZ) reported net long-term inflows of $2.4 billion for August 2024.

How did market returns impact Invesco's (IVZ) AUM in August 2024?

Favorable market returns increased Invesco's (IVZ) AUM by $16 billion in August 2024.

Invesco Ltd. Announces August 31, 2024 Assets Under Management