Invesco (IVZ) February AUM Up 3% on Upbeat Markets & Inflows

Invesco (IVZ) has announced preliminary assets under management (AUM) for February 2024. The company’s month-end AUM of $1.63 trillion represented a 3% rise from the previous month.IVZ delivered net long-term inflows of $1.8 billion in February. Non-management fee-earning net inflows were $1.9 billion and money market net inflows were $3.5 billion.Additionally, Invesco’s AUM was positively impacted by favorable market returns, which raised AUM by $42 billion. However, FX affected the AUM balance by $2.6 bil ...