Invesco Ltd. Announces May 31, 2024 Assets Under Management

Rhea-AI Summary

Invesco (NYSE: IVZ) announced that its assets under management (AUM) reached $1,687.7 billion as of May 31, 2024, marking a 3.8% increase compared to the previous month. The firm saw net long-term inflows of $5.2 billion, non-management fee earning inflows of $5.7 billion, and money market inflows of $7.7 billion. Market returns and favorable FX rates contributed $42 billion and $2.3 billion respectively to the AUM. Preliminary average total AUM for the quarter through May 31 were $1,651.5 billion, with average active AUM at $991.1 billion

Breakdown by categories: ETFs & Index Strategies at $405.6 billion, Fundamental Fixed Income at $271.5 billion, Fundamental Equities at $268.3 billion, Private Markets at $127.7 billion, APAC Managed at $111.5 billion, Multi-Asset/Other at $60 billion, Global Liquidity at $173 billion, and QQQ at $270.1 billion.

Positive

• AUM increased by 3.8% to $1,687.7 billion.
• Net long-term inflows amounted to $5.2 billion.
• Non-management fee earning inflows were $5.7 billion.
• Money market inflows reached $7.7 billion.
• Market returns added $42 billion to AUM.
• Favorable FX rates increased AUM by $2.3 billion.

Negative

• None reported in the PR.

Insights

Financial Analyst

Invesco Ltd.'s recent report on its Assets Under Management (AUM) showcases a significant increase of 3.8% from the previous month, reaching $1,687.7 billion. This growth reflects both net long-term inflows of $5.2 billion and favorable market returns contributing $42 billion to the overall AUM. The report also highlights notable inflows in money market and non-management fee earning assets.

From a financial standpoint, these figures suggest a positive market sentiment and investor confidence in Invesco's offerings. The net long-term inflows indicate strong interest in their investment products, possibly driven by current market dynamics or Invesco's strategic initiatives. Furthermore, the FX impact, although smaller at $2.3 billion, adds to the overall favorable environment for AUM growth. The increase across various segments such as ETFs & Index Strategies and Global Liquidity indicates a balanced growth approach.

However, it's worth noting the preliminary nature of these figures, which may be subject to adjustments. Investors should consider these numbers in the context of broader market conditions and Invesco's historical performance. Short-term benefits include improved investor sentiment and potential for higher fees due to increased AUM. Long-term advantages could be sustained growth if Invesco continues to attract significant inflows and market returns remain favorable. Potential drawbacks include market volatility risks and exchange rate fluctuations impacting future AUM.

Market Research Analyst

The reported increase in Invesco Ltd.'s AUM is notable for several reasons. Firstly, the net long-term inflows of $5.2 billion suggest that investors are increasingly confident in the firm's investment strategies. This confidence is likely driven by Invesco's performance and possibly competitive product offerings that are attracting new investments. Moreover, the significant contribution of $42 billion from market returns indicates that the broader market environment has been favorable, aligning with the upward trend in financial markets.

The detailed breakdown of AUM growth across different categories such as ETFs & Index Strategies and Global Liquidity provides insights into where the firm is seeing the most traction. The increase in ETFs & Index Strategies, which grew to $405.6 billion from $386.2 billion, highlights a strong investor preference for these instruments, possibly due to their cost-effectiveness and performance. Similarly, the growth in Global Liquidity assets, which rose to $173.0 billion from $165.4 billion, suggests a heightened demand for liquidity products, likely influenced by market conditions and investor risk preferences.

For retail investors, this news is promising as it signifies healthy growth and diversified inflows across different asset classes, which can contribute to the firm's stability and potential for future returns. However, investors should remain cautious of external factors such as market volatility and geopolitical events that could impact AUM negatively.

ATLANTA, June 11, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,687.7 billion, an increase of 3.8% versus previous month-end. The firm delivered net long-term inflows of $5.2 billion in the month. Non-management fee earning net inflows were $5.7 billion and money market net inflows were $7.7 billion. AUM was positively impacted by favorable market returns which increased AUM by $42 billion. FX increased AUM by $2.3 billion. Preliminary average total AUM for the quarter through May 31 were $1,651.5 billion, and preliminary average active AUM for the quarter through May 31 were $991.1 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
May 31, 20241	$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
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

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 AUM as of May 31, 2024?

Invesco's AUM was $1,687.7 billion as of May 31, 2024.

What is the stock symbol for Invesco?

The stock symbol for Invesco is IVZ.

By how much did Invesco's AUM increase compared to the previous month?

Invesco's AUM increased by 3.8% compared to the previous month.

What were the net long-term inflows for Invesco in May 2024?

Net long-term inflows for Invesco in May 2024 were $5.2 billion.

How much did market returns contribute to Invesco's AUM in May 2024?

Market returns contributed $42 billion to Invesco's AUM in May 2024.

What was the impact of FX rates on Invesco's AUM in May 2024?

Favorable FX rates increased Invesco's AUM by $2.3 billion in May 2024.

What was Invesco's preliminary average total AUM for the quarter through May 31, 2024?

Invesco's preliminary average total AUM for the quarter through May 31, 2024, was $1,651.5 billion.

What was Invesco's preliminary average active AUM for the quarter through May 31, 2024?

Invesco's preliminary average active AUM for the quarter through May 31, 2024, was $991.1 billion.