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
In the trading session that priced this news, IVZ gained 1.40%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Total Assets Under Management | |||||||||
(in billions) | Total | ETFs & Index | Fundamental | Fundamental | Private | APAC | Multi- | Global | QQQ |
June 30, 20241 | |||||||||
May 31, 2024 | |||||||||
April 30, 2024 | |||||||||
March 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 |
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SOURCE Invesco Ltd.