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Invesco reports slight dip in January assets under management



 

IVZ
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ATLANTA – Invesco Ltd. (NYSE:IVZ), a global investment management firm, saw its assets under management (AUM) marginally decline by 0.1% to $1,583.9 billion at the end of January from $1,585.3 billion at the end of December, according the company.

Invesco experienced net long-term inflows of $1.7 billion for the month. However, these were offset by $1.3 billion in money market net outflows, alongside negative market returns which reduced AUM by $3 billion. Additionally, foreign exchange rate fluctuations further decreased AUM by $4.4 billion.

Despite these outflows, Invesco reported non-management fee earning net inflows of $5.8 billion. Preliminary average total AUM for the quarter through January 31 stood at $1,579.4 billion, with preliminary average active AUM at $973.0 billion.

Breaking down the January AUM figures, equity assets totaled $830.8 billion, fixed income assets were $324.0 billion, balanced assets amounted to $59.5 billion, money market assets stood at $191.2 billion, and alternative assets were $178.4 billion.

Comparing active and passive management, active AUM at the end of January reached $971.2 billion, with equity, fixed income, balanced, money market, and alternative assets constituting this segment. Passive AUM, which includes index-based ETFs and other mandates, totaled $612.7 billion.

Invesco Ltd. is known for offering a wide range of active, passive, and alternative investment capabilities. The company operates in over 20 countries, aiming to provide investment experiences that help people achieve more in life.

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