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Invesco (IVZ) March AUM Rises 2% on Upbeat Markets & Inflows
IVZInvesco(IVZ) Zacks Investment Research·2024-04-11 15:46

Invesco (IVZ) has announced preliminary assets under management (AUM) for March 2024. The company’s month-end AUM of 1.66trillionrepresenteda21.66 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 1.8billionandmoneymarketnetoutflowswere1.8 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 29billion.However,FXaffectedtheAUMbalanceby29 billion. However, FX affected the AUM balance by 1.1 bill ...