Invesco (IVZ) March AUM Rises 2% on Upbeat Markets & Inflows
Invesco(IVZ) Zacks Investment Research·2024-04-11 23:46
Invesco (IVZ) has announced preliminary assets under management (AUM) for March 2024. The company’s month-end AUM of $1.66 trillion represented a 2% rise from the previous month.IVZ delivered net long-term inflows of $2.8 billion in March. Non-management fee-earning net inflows were $1.8 billion and money market net outflows were $1.5 billion.Additionally, Invesco’s AUM was positively impacted by favorable market returns, which raised its AUM by $29 billion. However, FX affected the AUM balance by $1.1 bill ...