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Invesco Ltd. (NYSE: IVZ) is a leading independent global investment management firm with a strong presence across the globe. With over 740 dedicated investment professionals and operations in more than 20 countries, Invesco serves clients in over 150 countries. The firm is committed to delivering investment excellence, boasting a wide array of investment capabilities and a robust organizational structure.
Invesco provides comprehensive investment management services to both retail (66% of managed assets) and institutional clients (34%). As of March 2024, the firm managed $1.663 trillion in assets, which include equity (54% of AUM), balanced (4%), fixed-income (20%), alternative investments (10%), and money market (12%) operations. Invesco's offerings include a mix of active and passive investment strategies, with passive products accounting for 40% of the total AUM.
The firm has made notable achievements in the market, including the launch of unique ETFs focusing on cash flow and dividend growth, catering to the current economic environment. Invesco continues to innovate with products like the Invesco S&P High Dividend Growers ETF and the Invesco Nasdaq Free Cash Flow Achievers ETF, which target companies with high cash flow and high dividend growth potential.
Invesco's financial health remains robust, as evidenced by its recent performance. The firm reported $6.7 billion in net long-term inflows for Q4 2023 and $6.3 billion for Q1 2024. The firm's strategic initiatives, such as partnerships with industry leaders and the launch of innovative ETFs like the Invesco Galaxy Bitcoin ETF, further strengthen its market position.
Invesco’s U.S. retail business is among the largest nonproprietary fund complexes in the country. The firm also has significant market presence outside North America, with 29% of its AUM sourced from Europe, Africa, the Middle East, and Asia. This global reach allows Invesco to deliver its best ideas to investors worldwide.
For more information about Invesco Ltd., visit www.invesco.com.
On February 17, 2022, Invesco Canada Ltd. announced the cash distributions for its Canadian-listed ETFs, paid on March 7, 2022, to unitholders of record as of February 25, 2022. Key distributions include: PLV at $0.04694, PIB at $0.04939, PFL at $0.00674, and others across various asset categories. The distributions are part of their monthly payment schedule, reflecting Invesco's continued commitment to delivering returns to investors.
Invesco Ltd. (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,550.9 billion as of January 31, 2022, reflecting a 3.7% decrease from the previous month. The firm recorded net long-term inflows of $8.5 billion, while non-management fee earning net outflows totaled $6.5 billion. Market returns contributed to a $61 billion decrease in AUM, with $2.1 billion attributed to foreign exchange impacts. The preliminary average total AUM for the quarter through January 31 was $1,569.4 billion.
SOFR Academy has partnered with Invesco Indexing to launch the Invesco / SOFR Academy Across-the-Curve Credit Spread Index (AXI). This collaboration aims to ensure compliance with high industry standards for financial benchmarks. The AXI will aid market participants in transitioning to a SOFR-based lending market and assist banks in managing funding mismatches. Calculated daily from prior day transactions, the index represents unsecured bank funding transactions up to five years. Invesco Indexing, a recognized benchmark administrator, will manage and publish AXI.
Invesco Ltd. (NYSE: IVZ) announced the immediate resignation of Nelson Peltz and Ed Garden from its Board of Directors. This change follows their appointment to the Board of Janus Henderson Group plc. Peltz and Garden, who joined Invesco's Board in November 2020, reaffirmed their confidence in Invesco's leadership and growth strategy. Richard Wagoner, Chair of Invesco's Board, acknowledged their partnership, while CEO Marty Flanagan expressed optimism about the company’s future in the asset management sector. Invesco manages approximately US$1.6 trillion in assets globally.
The Board of Trustees of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) announced monthly dividends on January 31, 2022. VLT will distribute $0.09641 per share, while VVR will distribute $0.0210 per share. The ex-dividend date for both funds is January 14, 2022, with the record date on January 18, 2022, and payable date also set for January 31, 2022. These distributions reflect ongoing support for shareholders, but a portion is considered a return of capital, not net investment income, highlighting the need for investors to consider the implications for their returns.
Invesco Ltd. (NYSE: IVZ) reported strong financial results for Q4 and FY 2021, with $12.5 billion in net long-term inflows in Q4 and $81.4 billion for the year. AUM reached $1,610.9 billion, a 19.3% increase year-over-year. Q4 operating margin was 28.9%, with a diluted EPS of $0.92, reflecting a 29.6% increase. The company announced a $200 million share buyback plan for Q1 2022. Despite net long-term outflows in the Americas, inflows were notably strong in Fixed Income and ETF products, particularly in Asia-Pacific, highlighting a diverse growth strategy.
Invesco Canada Ltd. announced cash distributions for its Canadian-listed ETFs for January 2022. Unitholders of record on January 28, 2022, will receive the distributions payable on February 7, 2022. Key distribution amounts include: Invesco Low Volatility Portfolio ETF (PLV) at $0.04619, Invesco 1-10 Year Laddered Investment Grade Corporate Bond Index ETF (PIB) at $0.04900, and Invesco Canadian Dividend Index ETF (PDC) at $0.09784. All distributions are scheduled to be paid monthly.
Invesco Mortgage Capital announced that Don Liu will join its Board of Directors in mid-February. Currently the Chief Legal and Risk Officer at Target, Liu brings extensive experience in mergers and acquisitions, risk management, and diversity initiatives. His previous roles include leadership positions at Xerox, Toll Brothers, and Aetna. Jack Hardin, Chair of the Board, expressed confidence in Liu's ability to enhance the Board's focus on diversity and governance.
Invesco Ltd. (NYSE: IVZ) reported a preliminary month-end assets under management (AUM) of $1,610.9 billion for December 2021, marking a 2.4% increase from the previous month. The firm recorded net long-term inflows of $3.5 billion, with non-management fee earning inflows of $6.1 billion and money market inflows of $6.7 billion. Despite these gains, market returns negatively affected AUM by $9 billion. Reinvested distributions added $28.8 billion to AUM, and foreign exchange contributed $2.4 billion. Preliminary average total AUM for the quarter was $1,583.6 billion.
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