Invesco's August AUM Balance Rises on Favorable Markets, Inflows
IVZInvesco(IVZ) ZACKS·2024-09-12 21:40

Invesco (IVZ) has announced preliminary assets under management (AUM) for August 2024. The company’s month-end AUM of 1.75trillionrepresenteda1.11.75 trillion represented a 1.1% increase from the previous month.IVZ reported net long-term inflows of 2.4 billion in August. Non-management fee-earning net inflows were 0.9billion,whilemoneymarketnetoutflowstotaled0.9 billion, while money market net outflows totaled 6.4 billion.Invesco’s AUM was favorably impacted by solid market returns, which boosted its AUM by 16billion.Further,FXboostedtheAUMbalanceby16 billion. Further, FX boosted the AUM balance by 7.3 billion.In ...