Invesco's August AUM Balance Rises on Favorable Markets, Inflows

Invesco (IVZ) has announced preliminary assets under management (AUM) for August 2024. The company’s month-end AUM of $1.75 trillion represented a 1.1% increase from the previous month.IVZ reported net long-term inflows of $2.4 billion in August. Non-management fee-earning net inflows were $0.9 billion, while money market net outflows totaled $6.4 billion.Invesco’s AUM was favorably impacted by solid market returns, which boosted its AUM by $16 billion. Further, FX boosted the AUM balance by $7.3 billion.In ...