Invesco Ltd. Announces April 30, 2024 Assets Under Management

Rhea-AI Summary

Invesco reported a decrease in assets under management (AUM) to $1,625.2 billion as of April 30, 2024. The firm experienced net long-term inflows of $5.0 billion, with non-management fee earning net inflows of $0.7 billion and money market net outflows of $1.0 billion. Unfavorable market returns and FX impacts contributed to the decrease in AUM. Preliminary average total AUM for the quarter through April 30 was $1,640.4 billion.

Positive

• None.

Negative

• The decrease of 2.3% in assets under management compared to the previous month is considered a negative aspect for Invesco

• The negative impact of unfavorable market returns and FX on AUM highlights potential challenges for the company.

• The money market net outflows of $1.0 billion could raise concerns about future financial performance.

ATLANTA, May 9, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,625.2 billion, a decrease of 2.3% versus previous month-end. The firm delivered net long-term inflows of $5.0 billion in the month. Non-management fee earning net inflows were $0.7 billion and money market net outflows were $1.0 billion. AUM was negatively impacted by unfavorable market returns which decreased AUM by $39 billion. FX decreased AUM by $3.7 billion. Preliminary average total AUM for the quarter through April 30 were $1,640.4 billion, and preliminary average active AUM for the quarter through April 30 were $984.7 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	QQQs
April 30, 20241	$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
February 29, 2024	$1,630.9	$379.9	$270.1	$266.4	$127.6	$109.1	$58.6	$164.8	$254.4
January 31, 2024	$1,583.9	$363.6	$270.5	$257.4	$127.8	$104.3	$58.4	$162.3	$239.6

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 were Invesco 's assets under management as of April 30, 2024?

Invesco 's assets under management were $1,625.2 billion as of April 30, 2024.

How did Invesco 's assets under management change compared to the previous month?

Invesco 's assets under management decreased by 2.3% compared to the previous month.

What were the net long-term inflows reported by Invesco in the month?

Invesco reported net long-term inflows of $5.0 billion in the month.

What contributed to the decrease in Invesco 's assets under management?

The decrease in assets under management was impacted by unfavorable market returns and FX effects.