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Invesco Ltd. reports recurring developments as a global asset management firm serving retail and institutional clients through equity, fixed income, ETF and index, private markets, multi-asset and global liquidity strategies. Company updates frequently cover assets under management, net long-term and money market flows, market and foreign-exchange effects on AUM, investment management fees, service and distribution fees, and quarterly operating results.
News also includes product and platform developments such as QQQ’s conversion to an open-end fund ETF, institutional ETF adoption research, and strategic partnerships tied to tokenized investment products and digital asset infrastructure.
Invesco Ltd. (NYSE: IVZ) announced the launch of its first suite of active non-transparent ETFs, enhancing its innovative investment offerings. The suite includes four ETFs: Invesco Focused Discovery Growth ETF (IVDG), Invesco Select Growth ETF (IVSG), Invesco Real Assets ESG ETF (IVRA), and Invesco US Large Cap Core ESG ETF (IVLC). These ETFs combine active management with the benefits of traditional ETFs, including tax efficiency and intraday tradability. However, limited disclosure may increase trading risks. The ETFs are aimed at catering to diverse investment strategies.
Invesco Ltd. reported preliminary month-end assets under management (AUM) of $1,294.0 billion for November 2020, reflecting a 7.3% increase from the previous month. The firm experienced total net inflows of $4.2 billion, including $1.5 billion in net long-term inflows. Favorable market returns contributed an increase of $78 billion to AUM, with foreign exchange impacts adding $5.1 billion. Average total AUM for the quarter through November 30 was $1,254.5 billion.
Invesco Ltd. (NYSE: IVZ) will have its President and CEO, Marty Flanagan, and CFO, Allison Dukes, present at the virtual Goldman Sachs 2020 US Financial Services Conference on December 8, 2020, at 8:00 am EST. A live audio webcast will be accessible on the company's investor relations website, ir.invesco.com, for 180 days post-event. Invesco is a global investment management firm offering a diverse range of investment strategies, with offices in 25 countries.
Invesco Ltd. (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,206.5 billion for October 2020, reflecting a 1.0% decrease from the previous month. The firm experienced total net outflows of $2.3 billion but achieved net long-term inflows of $2.5 billion. Unfavorable market conditions negatively impacted AUM by $10 billion, while foreign exchange effects added $0.8 billion. The average total AUM for the quarter through October was $1,235.5 billion.
Invesco Ltd. (NYSE: IVZ) has reached the final regulatory stage for its active non-transparent ETF model as the SEC shows intent to grant the necessary approval. This innovative model aims to blend active and passive strategies while retaining key ETF features such as tax efficiency and intraday tradability. Invesco will disclose key data metrics daily without fully revealing ETF holdings, aiming to mitigate front-running risks. Previously, it received an exemptive order in October 2020 to use Fidelity's active equity ETF methodology, enhancing its active management capabilities.
Invesco Ltd. (NYSE: IVZ) has enhanced its Board of Directors by appointing three new members: Nelson Peltz and Ed Garden from Trian Fund Management, both effective immediately, and Thomas M. Finke, who will join on December 1, 2020. Trian Partners holds approximately 9.9% of Invesco's stock. Richard Wagoner, Board Chair, expressed confidence in the new members' expertise and their potential to drive growth and shareholder value. CEO Marty Flanagan echoed this sentiment, highlighting Invesco's strong position in the asset management sector.
Invesco Ltd. (NYSE: IVZ) has launched a suite of seven fixed income separately managed account (SMA) strategies in partnership with UBS Wealth Management USA. These strategies are offered under a new all-inclusive pricing model, eliminating additional investment manager fees. The offerings, designed to enhance portfolio efficiency for advisors, include various customized, tax-efficient, and ESG-focused investments. With over $1.2 trillion in managed assets, Invesco aims to strengthen its partnership with UBS, providing competitive investment solutions.
Invesco Ltd. (NYSE: IVZ) reported Q3 2020 financial results, showing long-term net inflows of $7.8 billion, reversing Q2's outflows of $14.2 billion. Assets Under Management (AUM) increased 6.4% to $1,218.2 billion. Operating margin rose to 17.9% from 8.3% in Q2, and diluted EPS increased to $0.41 compared to $0.09 in Q2. Improved flows were observed across various regions, especially in Asia Pacific. However, net outflows in equity products reached $4.1 billion. The company is focused on adapting to ongoing market challenges while aiming for sustained growth.
Invesco Ltd. reported preliminary assets under management (AUM) of $1,218.2 billion as of September 30, 2020, reflecting a 2.2% decrease from the previous month. The firm experienced total net outflows of $0.7 billion but achieved net long-term inflows of $1.4 billion. Unfavorable market returns reduced AUM by $25 billion, while foreign exchange effects decreased it by $3.1 billion. Preliminary average AUM for Q3 is $1,206.2 billion.
Invesco Ltd. (NYSE: IVZ) is set to announce its third quarter 2020 results on October 27 at 6:55 a.m. ET, followed by a conference call at 9 a.m. ET to discuss the results. The event will be accessible via a simultaneous webcast on their corporate website. Participants can join by calling 866-803-2143 for US and Canada or 1-210-795-1098 for international callers. An audio replay will be available within an hour after the call and will remain accessible until November 10.