Invesco (IVZ) February AUM Up 3% on Upbeat Markets & Inflows
IVZInvesco(IVZ) Zacks Investment Research·2024-03-12 20:55

Invesco (IVZ) has announced preliminary assets under management (AUM) for February 2024. The company’s month-end AUM of 1.63trillionrepresenteda31.63 trillion represented a 3% rise from the previous month. IVZ delivered net long-term inflows of 1.8 billion in February. Non-management fee-earning net inflows were 1.9billionandmoneymarketnetinflowswere1.9 billion and money market net inflows were 3.5 billion. Additionally, Invesco’s AUM was positively impacted by favorable market returns, which raised AUM by 42billion.However,FXaffectedtheAUMbalanceby42 billion. However, FX affected the AUM balance by 2.6 b ...