Invesco’s December AUM Climbs 0.7% to $2.17 Trillion on $7.7B Inflows
Invesco Ltd’s December total AUM rose 0.7% to $2.17 trillion, driven by $7.7 billion in long-term inflows and favorable foreign exchange, offsetting a $23 billion market-driven decline. The company's stock declined on the update.
1. IVZ Reports December AUM Increase
Invesco Ltd. saw its assets under management climb by 0.7% in December to $2.17 trillion, driven by $7.7 billion of net long-term inflows and favorable currency movements that partially offset a $23 billion decline due to weak global markets. The inflows were broad-based across equity and fixed-income strategies, with emerging-market debt and sustainable-themed products each contributing over $1 billion. Foreign-exchange effects added roughly $1.2 billion to AUM, reflecting a stronger U.S. dollar against the euro and yen. Despite the AUM gain, IVZ’s share price declined during the month on investor concerns about fee compression and near-term market volatility.