IVZ Stock Dips as October AUM Falls on Unfavorable Markets, Outflows

Invesco (IVZ) shares lost 1% in after-hours trading on Monday following the announcement of preliminary assets under management (AUM) for October 2024. The company’s month-end AUM of $1.77 trillion represented a 1.3$2 billion for October. Non-management fee-earning net outflows were $0.2 billion, and money market net outflows totaled$1.8 billion.Further, Invesco’s AUM was unfavorably impacted by weak market returns, which lowered its A ...