Invesco (IVZ) April AUM Declines 2.3% on Unfavorable Markets

Invesco (IVZ) announced preliminary assets under management (AUM) for April 2024. The company’s month-end AUM of $1.63 trillion represented a 2.3% decline from the previous month.IVZ delivered net long-term inflows of $5 billion in April. Non-management fee-earning net inflows were $0.7 billion and money market net outflows were $1 billion.Invesco’s AUM was negatively impacted by unfavorable market returns, which decreased its AUM by $39 billion. FX affected the AUM balance by $3.7 billion.Invesco’s prelimi ...