Assets Under Management (AUM) - As of December 31, 2024, Invesco's total Assets Under Management (AUM) reached $1,846.0 billion, with a year-over-year increase of 16.0% in the Americas, 20.6% in EMEA, and 14.7% in APAC[53][53][53]. - The breakdown of AUM by distribution channel shows Retail at $1,265.6 billion (21.5% increase) and Institutional at $580.4 billion (6.8% increase)[55]. - AUM by investment capability indicates ETFs and Index funds at $484.0 billion (33.7% increase), while Private Markets decreased by 0.9% to $128.5 billion[56]. - Active AUM totaled $1,026.5 billion (4.2% increase), while Passive AUM reached $819.5 billion (36.6% increase)[57]. Financial Performance - The company's net income attributable to Invesco Ltd. for the year ended December 31, 2024, was $538.0 million, a significant recovery from a net loss of $333.7 million in 2023[301]. - Covenant Adjusted EBITDA for 2024 was reported at $1,557.0 million, an increase from $1,438.3 million in 2023, indicating improved operational performance[301]. - Interest coverage improved to 26.84 in 2024, up from 20.40 in 2023, demonstrating enhanced ability to meet interest obligations[301]. - Total operating revenues for 2024 were $6,067.0 million, an increase of 6.1% from $5,716.4 million in 2023[355]. - Investment management fees increased to $4,342.3 million in 2024, up from $4,106.0 million in 2023, reflecting a growth of 5.7%[355]. - Operating income for 2024 was $832.1 million, a significant recovery from an operating loss of $434.8 million in 2023[355]. - Net income for 2024 reached $752.4 million, a significant recovery from a net loss of $168.2 million in 2023[358]. - Total comprehensive income attributable to Invesco Ltd. was $303.7 million in 2024, compared to a comprehensive loss of $193.1 million in 2023[358]. Risks and Challenges - Invesco's revenues are primarily derived from investment management contracts, which are sensitive to market fluctuations and client withdrawals[62][66]. - The company faces competitive pressures that may force a reduction in fees, potentially impacting profitability[75]. - The investment management industry is experiencing transformative pressures, including increased fee competition and a shift towards passive investment strategies[73]. - Rapid advancements in technology may hinder the company's competitiveness if it fails to implement newer technologies or advanced platforms for its services[77]. - The company's private market products expose it to various risks, including illiquidity, credit risks, and potential reputational harm due to investments in emerging companies[78][79]. - Changes in market conditions could negatively impact the quality of the credit portfolio, leading to increased default and delinquency rates[86]. - Evolving sustainability and ESG disclosure requirements may pose regulatory and reputational risks, affecting the company's ability to attract and retain clients[96][97]. - The company faces risks from potential conflicts of interest that could lead to litigation or regulatory enforcement actions[100]. - The company must continuously manage and improve its technology systems to meet internal and client needs, which may require significant capital and resources[106]. - The company faces risks from strategic transactions, including potential customer loss or underperformance of acquired businesses[121]. Assets and Liabilities - The company recorded a non-cash impairment of $1,248.9 million related to indefinite-lived intangible assets during the year ended December 31, 2023[114]. - Goodwill and indefinite-lived intangible assets totaled $8,318.1 million and $5,749.3 million, respectively, at December 31, 2024[114]. - The total liabilities decreased to $11,340.1 million in 2024, down from $13,017.8 million in 2023, a decrease of 12.9%[353]. - The company's cash and cash equivalents decreased to $986.5 million in 2024, compared to $1,469.2 million in 2023, a reduction of 32.8%[353]. - The company has a total debt of $890.6 million, which is actively managed through cash flow forecasts and a committed revolving credit agreement[302]. Regulatory and Compliance - The company operates in a highly regulated environment, with potential enforcement actions or changes in laws that could negatively impact AUM, revenues, and liquidity[125]. - Regulatory changes, including those related to privacy and ESG factors, could impose new compliance costs and affect the company's ability to provide certain products[130]. - The legal and regulatory environment surrounding AI technology is rapidly evolving, posing risks to the company's operations and compliance costs[112]. Shareholder and Capital Structure - Significant shareholders, such as MassMutual, have the ability to influence company decisions, which may conflict with the interests of other shareholders[123]. - Future sales of common stock by significant shareholders could adversely impact the trading price of the company's shares[122]. - The company issued approximately $4 billion of 5.9% fixed rate perpetual preferred stock, which may limit its ability to raise additional capital and fund other priorities[116]. Technology and Cybersecurity - The company is highly dependent on information technology, and any failures or cyber-attacks could result in significant operational limits and reputational damage[103]. - Cybersecurity incidents have been increasing globally, and the company is at risk of being targeted due to its status as a global financial institution[104]. Cash Flow and Investments - Net cash provided by operating activities was $1,190.0 million in 2024, a decrease from $1,300.8 million in 2023[361]. - The company reported a decrease in cash inflows from investing activities, with net cash provided of $68.4 million in 2024 compared to an outflow of $244.3 million in 2023[361]. - The company’s investments are categorized as equity investments, equity method investments, and other investments, primarily related to affiliated funds and equity method investees[389][390].

Core Viewpoint - Invesco Mortgage Capital Inc. reported a decrease in book value per common share and a net loss for the fourth quarter of 2024, influenced by rising Treasury yields and a one-time charge related to the redemption of Series B Preferred Stock. Despite short-term challenges, the long-term outlook for Agency RMBS remains favorable due to expected demand improvements and attractive valuations [2][3][4]. Financial Performance - Book value per common share decreased by 4.8% to $8.92, with an estimated range of $8.90 to $9.26 as of February 14, 2025 [2][7]. - The economic return for the quarter was (0.5)%, compared to 5.4% in Q3 2024 [7]. - Earnings available for distribution per common share declined to $0.53 from $0.68 in Q3 2024 [9]. Capital Structure - The company improved its capital structure by redeeming Series B Preferred Stock, resulting in an increased debt-to-equity ratio of 6.7x, up from 6.1x in the previous quarter [2][7]. - Approximately 85% of the $5.4 billion investment portfolio was allocated to Agency RMBS, with 15% in Agency CMBS [2]. Portfolio Composition - The total mortgage-backed securities (MBS) portfolio was valued at $5.45 billion as of December 31, 2024, with a weighted average yield of 5.42% [14][33]. - The Agency RMBS comprised 83.4% of the portfolio, while Agency CMBS accounted for 15% [14]. Earnings and Income - Total interest income for Q4 2024 was $76.1 million, an increase from $73.8 million in Q3 2024, while total interest expense decreased to $62.4 million from $66.3 million [9][30]. - Net income attributable to common stockholders was a loss of $5.5 million, compared to a profit of $35.3 million in Q3 2024 [9][30]. Dividends and Stock Activity - The company declared a common stock dividend of $0.40 per share, unchanged from Q3 2024, and sold 993,837 shares of common stock for net proceeds of $8.3 million during the fourth quarter [21][22]. - The redemption of Series B Preferred Stock occurred at a cash price of $25.00 per share [23].

PIPE offers exposure to midstream energy infrastructure equities through an actively managed ETF ATLANTA, Feb. 20, 2025  /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today the launch of the Invesco SteelPath MLP & Energy Infrastructure ETF (Ticker: PIPE). The actively managed ETF will offer access to energy infrastructure equities and midstream Master Limited Partnerships (MLPs), delivering exposure to broad macro energy trends and increasing global demand, pic ...

Group 1 - Invesco Ltd. reported preliminary month-end assets under management (AUM) of $1,902.8 billion, reflecting a 3.1% increase compared to the previous month-end [1][2] - The firm experienced net long-term inflows of $5.1 billion during the month, with non-management fee earning net inflows of $2.3 billion and money market net inflows of $11.3 billion [1] - AUM was positively influenced by favorable market returns, which contributed an increase of $37 billion, and foreign exchange (FX) effects added $1.2 billion to AUM [1] Group 2 - Preliminary average total AUM for the quarter ending January 31 was $1,873.9 billion, while preliminary average active AUM for the same period was $1,035.9 billion [1] - AUM breakdown as of January 31, 2025: Total AUM of $1,902.8 billion includes $507.3 billion in ETFs, $283.0 billion in fixed income, and $274.4 billion in equities [2] - Comparison of AUM from December 31, 2024, shows an increase from $1,846.0 billion to $1,902.8 billion, indicating growth across various investment strategies [2]

ATLANTA, Feb. 6, 2025 /PRNewswire/ -- Invesco Mortgage Capital Inc. (NYSE: IVR) will announce its fourth quarter 2024 results Thursday, February 20, 2025, after market close. A conference call and audio webcast to review fourth quarter 2024 results will be held on Friday, February 21, 2025, at 9:00 a.m. ET. Scheduled to speak are John Anzalone, Chief Executive Officer; Brian Norris, Chief Investment Officer; Kevin Collins, President; David Lyle, Chief Operating Officer and Mark Gregson, Chief Financial Offi ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

Group 1 - The article discusses the performance of gold and its market dynamics, indicating a significant interest in gold as a safe-haven asset amid economic uncertainties [1] - It highlights a notable increase in gold prices, with a reported rise of 90% in certain market segments, reflecting strong demand [1] - The article mentions that the overall market sentiment is bullish towards gold, driven by geopolitical tensions and inflation concerns [1] Group 2 - The author, Neils Christensen, has extensive experience in financial reporting, which adds credibility to the analysis presented in the article [2] - The article emphasizes the importance of accurate information in financial reporting, although it acknowledges the inherent challenges in guaranteeing such accuracy [3]

Group 1 - Invesco Ltd. will have its Chief Financial Officer, Allison Dukes, participate in a fireside chat at the Bank of America Financial Services Conference on February 11, 2025, at 8 a.m. ET [1] - A live audio webcast of the event will be available on Invesco's investor relations website, with a replay accessible for those unable to attend live [1] Group 2 - Invesco Ltd. is a global independent investment management firm with a presence in over 20 countries, offering a wide range of active, passive, and alternative investment capabilities [2] - The company aims to enhance the investment experience for individuals, helping them achieve more in life [2]

Core Viewpoint - Invesco Ltd. will have its President and CEO, Andrew Schlossberg, participate in a fireside chat at the UBS Financial Services Conference on February 10, 2025, at 11:20 a.m. ET, with a live audio webcast available for listeners [1]. Company Overview - Invesco Ltd. is a global independent investment management firm with a commitment to enhancing the investment experience for individuals. The company operates in over 20 countries and offers a wide range of investment capabilities, including active, passive, and alternative investments [2].

Core Viewpoint - The Board of Trustees of Invesco High Income Trust II and Invesco Senior Income Trust announced dividend payments for January 2025, with a notable decrease in the dividend for Invesco Senior Income Trust compared to previous distributions [1][2]. Dividend Announcements - Invesco High Income Trust II will pay a monthly dividend of $0.09641 per share, unchanged from prior distributions [1]. - Invesco Senior Income Trust will pay a reduced monthly dividend of $0.03801 per share, down from $0.0430, reflecting a decrease of $0.0050 or 12% [1][2]. Managed Distribution Plans - The Managed Distribution Plan for Invesco High Income Trust II, effective since August 1, 2018, established a fixed monthly distribution rate of 8.5% based on the closing market price [2]. - The Invesco Senior Income Trust's Managed Distribution Plan has been amended to reflect the new lower monthly distribution amount effective January 1, 2025 [2]. Distribution Sources - A portion of the distributions from both funds is estimated to be a return of capital rather than net income, indicating that the funds have distributed more than their income and net realized capital gains [3][5]. - For Invesco High Income Trust II, the current distribution includes $0.0621 from net investment income (64.42%) and $0.0343 from return of capital (35.58%) [5]. - For Invesco Senior Income Trust, the current distribution includes $0.0297 from net investment income (78.16%) and $0.0083 from return of capital (21.84%) [5]. Fiscal Year Performance - For the fiscal year-to-date ending December 31, 2024, Invesco High Income Trust II reported a cumulative total return of 8.36% and an average annual total return of 3.39% over five years [11]. - Invesco Senior Income Trust reported a cumulative total return of 7.39% and an average annual total return of 6.67% over the same five-year period [11]. Tax Reporting - Each fund will provide shareholders with a Form 1099-DIV for the calendar year, detailing how to report distributions for federal income tax purposes [3][8].