Invesco Ltd. IVZ today reported preliminary month-end assets under management of $624.3 billion, an increase of 1.3% month over month.
The month over month increase in AUM was driven by long-term net inflows, positive market returns, and strengthening foreign currencies against the U.S. dollar. The benefit from stronger foreign currency against the U.S. dollar resulted in an increase of $1.9 billion of AUM in the month. Total average assets for the quarter through January 31 were $620.5 billion and average assets excluding ETF, UIT and Passive for the quarter through January 31 were $536.7 billion.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in