| Abstrakt: |
Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management of $616.0 billion, an increase of 0.8% month over month. The month over month increase in AUM was driven primarily by positive returns from global financial markets 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 $2.9 billion of AUM in the month. Additionally, excluding the previously announced low fee passive mandate outflow of $18.6 billion, the firm experienced approximately $2.0 billion of long term net outflows during the month from assets excluding ETFs, UITs, and passive which were largely institutional and lower fee, in nature. Total average assets for the quarter through December 31 were $616.0 billion and average assets excluding ETF, UIT and Passive for the quarter through December 31 were $525.9 billion. [ABSTRACT FROM PUBLISHER] |
