Invesco Ltd. Announces June 30, 2024 Assets Under Management

Rhea-AI Summary

Invesco (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,715.8 billion as of June 30, 2024, marking a 1.7% increase from the previous month. The firm achieved net long-term inflows of $6.5 billion, alongside non-management fee earning inflows of $0.2 billion. However, money market net outflows were $1.9 billion. Favorable market returns boosted AUM by $24 billion, while FX movements reduced it by $2.4 billion. Reinvested distributions contributed an additional $1.3 billion. Preliminary average total AUM for Q2 stood at $1,669.3 billion, with average active AUM at $994.6 billion.

Segment-wise, ETFs and Index Strategies AUM reached $415.1 billion, Fundamental Fixed Income $272.6 billion, Fundamental Equities $268.8 billion, Private Markets $129.1 billion, APAC Managed $112.4 billion, Multi-Asset/Other $59.6 billion, Global Liquidity $171.6 billion, and QQQ $286.6 billion.

Positive

• AUM increased by 1.7% month-over-month to $1,715.8 billion.
• Net long-term inflows of $6.5 billion.
• Favorable market returns increased AUM by $24 billion.
• Average total AUM for Q2 reached $1,669.3 billion.

Negative

• FX movements reduced AUM by $2.4 billion.
• Money market net outflows of $1.9 billion.

News Market Reaction – IVZ

+1.40%

1 alert

+1.40% News Effect

On the day this news was published, IVZ gained 1.40%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ATLANTA, July 10, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,715.8 billion, an increase of 1.7% versus previous month-end. The firm delivered net long-term inflows of $6.5 billion in the month. Non-management fee earning net inflows were $0.2 billion and money market net outflows were $1.9 billion. AUM was positively impacted by favorable market returns which increased AUM by $24 billion. FX movements in the month reduced AUM by $2.4 billion which was partially offset by reinvested distributions of $1.3 billion. Preliminary average total AUM for the quarter through June 30 were $1,669.3 billion, and preliminary average active AUM for the quarter through June 30 were $994.6 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
June 30, 20241	$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
April 30, 2024	$1,625.2	$386.2	$269.2	$261.8	$125.9	$109.6	$58.7	$165.4	$248.4
March 31, 2024	$1,662.7	$398.3	$272.3	$273.6	$127.1	$107.1	$60.2	$164.8	$259.3

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

 

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SOURCE Invesco Ltd.

FAQ

What was Invesco's AUM as of June 30, 2024?

Invesco's assets under management (AUM) as of June 30, 2024, were $1,715.8 billion.

How much did Invesco's AUM increase in June 2024?

Invesco's AUM increased by 1.7% in June 2024.

What were Invesco's net long-term inflows for June 2024?

Invesco reported net long-term inflows of $6.5 billion for June 2024.

How did FX movements affect Invesco's AUM in June 2024?

FX movements reduced Invesco's AUM by $2.4 billion in June 2024.

What were the money market net outflows for Invesco in June 2024?

Money market net outflows for Invesco in June 2024 were $1.9 billion.

What was the preliminary average total AUM for Invesco in Q2 2024?

The preliminary average total AUM for Invesco in Q2 2024 was $1,669.3 billion.

What was Invesco's preliminary average active AUM for Q2 2024?

Invesco's preliminary average active AUM for Q2 2024 was $994.6 billion.