Invesco (IVZ) December AUM Rises on Upbeat Markets & Inflows

Invesco (IVZ) has announced preliminary assets under management (AUM) for December 2023. The company’s month-end AUM of $1.59 trillion represented a 2.8% increase from the previous month.Invesco reported net long-term inflows of $5.1 billion in the month. Further, the company’s December AUM was positively impacted by market returns, which increased the AUM balance by $39 billion. Also, foreign exchange and reinvested distributions resulted in a rise in AUM by $13.3 billion.On the other hand, Invesco witness ...