Invesco Ltd. Reports Assets Under Management as of October 2024

Invesco Ltd. Reports Assets Under Management as of October 31, 2024

Invesco Ltd. (NYSE: IVZ) has released its preliminary month-end assets under management (AUM) figures for October 31, 2024. The company reported AUM totaling $1,772.0 billion, marking a decrease of 1.3% compared to the end of the previous month. Additionally, Invesco experienced net long-term inflows amounting to $2.0 billion during the same period.

Financial Overview for the Month

In examining the financial performance, Invesco faced non-management fee earning net outflows totaling $0.2 billion, alongside substantial money market net outflows of $1.8 billion. A significant factor contributing to the decline in AUM was unfavorable market returns, which decreased the AUM by roughly $13 billion. Foreign exchange (FX) impacts also played a role, subtracting around $10.5 billion from AUM.

Average Total AUM

When looking at the preliminary averages for the quarter, Invesco’s AUM averaged approximately $1,792.0 billion, with active AUM averaging $1,022.8 billion. This reflects the company's commitment to maintaining a robust investment portfolio amid fluctuating market conditions.

Asset Breakdown as of October 31, 2024

The breakdown of total AUM reveals various segments and their contributions. The total figure stood at $1,772.0 billion, with a notable $457.7 billion attributed to ETFs and index strategies. Funds focused on fundamental fixed income accounted for $284.2 billion, while fundamental equities reached $270.1 billion. Private markets contributed $129.2 billion, complemented by $116.4 billion from the Asia-Pacific managed segment. Multi-asset and other allocations were reported at $60.2 billion, with global liquidity reaching $162.3 billion. Lastly, QQQ investments amounted to $291.9 billion.

Comparative Analysis

For context, Invesco's AUM back in September was recorded at $1,795.6 billion, indicating a notable decrease over the month. This trend underscores the volatility that investment managers face and the strategic adjustments required to navigate such changes successfully.

About Invesco Ltd.

Invesco Ltd. (NYSE: IVZ) is a global independent investment management firm focused on enhancing the investment experience for its clients. The firm operates in more than 20 countries, providing diverse active, passive, and alternative investment capabilities. Invesco's dedication is exemplified by its tailored investment strategies designed to meet various client needs.

For more information, Invesco encourages interested parties to visit their official website.

Investor Relations Contacts

For inquiries related to investor relations, you can contact Greg Ketron at 404-724-4299 or Jennifer Church at 404-439-3428. For media inquiries, Andrea Raphael can be reached at 212-323-4202.

Frequently Asked Questions

What are the key figures for Invesco's AUM as of October 2024?

As of October 31, 2024, Invesco reported total AUM of $1,772.0 billion, with net long-term inflows of $2.0 billion.

How did market conditions affect Invesco's AUM?

Unfavorable market returns negatively impacted AUM by approximately $13 billion, indicating the challenges faced due to market volatility.

What is the average AUM for Invesco in the recent quarter?

The preliminary average total AUM for the quarter through October 2024 was around $1,792.0 billion.

Can you break down Invesco’s assets by category?

The breakdown includes ETFs and index strategies at $457.7 billion, fundamental fixed income at $284.2 billion, and private markets at $129.2 billion among others.

How can I contact Invesco for investor relations?

You can reach Greg Ketron at 404-724-4299 or Jennifer Church at 404-439-3428 for investor relations inquiries.

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