Invesco Ltd. Announces July 31, 2024 Assets Under Management

Rhea-AI Summary

Invesco (NYSE: IVZ) reported preliminary month-end assets under management (AUM) of $1,732.0 billion as of July 31, 2024, marking a 0.9% increase from the previous month-end. The firm experienced net long-term inflows of $10.8 billion and non-management fee earning net inflows of $3.2 billion. However, money market net outflows were $12.1 billion. Favorable market returns contributed to a $9 billion increase in AUM, while FX movements added $4.9 billion. Preliminary average total AUM for the quarter through July 31 stood at $1,727.8 billion, with average active AUM at $1,005.3 billion. The report also provided a breakdown of AUM across various investment strategies, with ETFs & Index Strategies showing the largest month-over-month increase.

Positive

• Assets under management (AUM) increased by 0.9% to $1,732.0 billion
• Net long-term inflows of $10.8 billion
• Favorable market returns increased AUM by $9 billion
• FX movements contributed positively, increasing AUM by $4.9 billion
• ETFs & Index Strategies AUM grew from $415.1 billion to $431.5 billion

Negative

• Money market net outflows of $12.1 billion
• QQQ AUM slightly decreased from $286.6 billion to $285.0 billion

News Market Reaction

+1.69%

1 alert

+1.69% News Effect

On the day this news was published, IVZ gained 1.69%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ATLANTA, Aug. 12, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,732.0 billion, an increase of 0.9% versus previous month-end. The firm delivered net long-term inflows of $10.8 billion in the month. Non-management fee earning net inflows were $3.2 billion and money market net outflows were $12.1 billion. AUM was positively impacted by favorable market returns which increased AUM by $9 billion. FX increased AUM by $4.9 billion. Preliminary average total AUM for the quarter through July 31 were $1,727.8 billion, and preliminary average active AUM for the quarter through July 31 were $1,005.3 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
July 31, 20241	$1,732.0	$431.5	$278.8	$272.1	$129.5	$114.1	$61.5	$159.5	$285.0
June 30, 2024	$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

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 (IVZ) total assets under management as of July 31, 2024?

Invesco (NYSE: IVZ) reported preliminary month-end assets under management (AUM) of $1,732.0 billion as of July 31, 2024.

How much did Invesco's (IVZ) AUM increase compared to the previous month?

Invesco's AUM increased by 0.9% compared to the previous month-end.

What were Invesco's (IVZ) net long-term inflows for July 2024?

Invesco reported net long-term inflows of $10.8 billion for July 2024.

How did market returns impact Invesco's (IVZ) AUM in July 2024?

Favorable market returns increased Invesco's AUM by $9 billion in July 2024.

What was the impact of FX on Invesco's (IVZ) AUM in July 2024?

FX movements increased Invesco's AUM by $4.9 billion in July 2024.