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) reported its Q2 2020 financial results, highlighting long-term net outflows of $14.2 billion, an improvement from $19.1 billion in Q1 2020. Assets Under Management (AUM) reached $1,145.2 billion, up 8.7% from the previous quarter, though average AUM decreased by 4.9% to $1,118.7 billion. Operating margin fell to 8.3%, while diluted EPS dropped to $0.09. Notably, long-term net inflows of $6.0 billion into fixed income products were recorded, and the institutional pipeline hit record levels. The company aims to address racial inequities and has increased its focus on digital engagement.
Invesco Ltd. (NYSE: IVZ) will report its second quarter 2020 results on July 28, 2020, at 6:55 a.m. ET. A conference call to discuss the results will take place at 9 a.m. ET. Participants can join by calling 866-803-2143 for US & Canada or 1-210-795-1098 internationally, using the passcode 'Invesco'. An audio replay of the call will be available about one hour post-call until August 11, 2020. For further details, visit Invesco's website.
Invesco Ltd. (NYSE: IVZ) announced plans to advance its active non-transparent ETFs by seeking an exemptive order to use Fidelity's active equity model. This collaboration aims to enhance investment outcomes through innovative ETF solutions. Invesco's history includes launching the first active transparent ETF in 2008. By leveraging Fidelity's methodology, Invesco aims to deliver active management benefits in a cost-effective manner, aligning with their commitment to innovation. As of May 31, 2020, Invesco managed $1.1 trillion in assets globally.