Invesco reports preliminary AUM of $2.47T as of June 30, up 0.7%

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Reviewed by
Suketu GScanX News Team
Key Highlights

Invesco Ltd. announced preliminary month-end AUM of $2,470.3 billion as of June 30, up 0.7% from May, supported by $8.0 billion in net long-term inflows and $9 billion from market returns. Money market inflows reached $14.3 billion, though FX movements reduced AUM by $6.4 billion. Average total AUM for the quarter was $2,368.8 billion.

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Invesco Ltd. reported preliminary month-end assets under management (AUM) of $2,470.3 billion as of June 30, representing an increase of 0.7% versus the previous month-end. The growth was driven by net long-term inflows of $8.0 billion and favorable market returns, which positively impacted AUM by $9 billion. Money market net inflows contributed $14.3 billion during the period.

The firm experienced a reduction of $6.4 billion in AUM due to foreign exchange (FX) movements, which was partially offset by reinvested distributions totaling $1.6 billion. Preliminary average total AUM for the quarter through June 30 stood at $2,368.8 billion, while preliminary average active AUM for the same period was $1,184.3 billion.

Key Metrics

Metric Amount
Preliminary month-end AUM $2,470.3 billion
Net long-term inflows $8.0 billion
Money market net inflows $14.3 billion
Impact of market returns $9.0 billion
Impact of FX movements -$6.4 billion
Reinvested distributions $1.6 billion
Preliminary average total AUM (quarter) $2,368.8 billion
Preliminary average active AUM (quarter) $1,184.3 billion
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the continued strength in money market inflows impact Invesco's fee margins given the typically lower fees associated with these products?

What strategies is Invesco employing to mitigate the negative impact of foreign exchange movements on AUM in the coming quarters?

Can the positive net long-term inflows be sustained if market volatility increases or interest rates remain elevated?

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RBC Capital reiterates Outperform on Invesco at $31 target

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Reviewed by
Radhika SScanX News Team
Key Highlights

RBC Capital analyst Kenneth S. Lee reiterates an Outperform rating for Invesco, maintaining a $31 price target. The decision reflects the firm's positive outlook on the stock's potential.

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RBC Capital analyst Kenneth S. Lee has reaffirmed an Outperform rating for Invesco, maintaining a price target of $31. The rating reiteration underscores the firm's continued confidence in the investment management company's performance potential.

The $31 price target provides a specific benchmark for investors, indicating the anticipated valuation level for the stock. This assessment follows a review of Invesco's current market position and financial outlook.

Invesco operates as a global investment management firm, offering a range of financial products and services. The Outperform rating suggests that the stock is expected to deliver returns above the average market performance.

Analyst Firm Rating Price Target
Kenneth S. Lee RBC Capital Outperform $31
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific catalysts does RBC Capital anticipate will drive Invesco's stock to the $31 price target?

How might Invesco's current asset mix and global exposure impact its performance relative to peers in a shifting economic environment?

What are the potential risks to Invesco's outperformance, given recent trends in the investment management industry?

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