Invesco Mortgage Capital (US:IVR)2021-02-23 13:13AUM and Flows - Record AUM at year-end of $1,349.9 billion compared to $1,218.2 billion at the end of Q3[8] - Average AUM of $1,278.2 billion compared to $1,206.2 billion in Q3[8] - Record gross long-term inflows of $91.6 billion compared to $71.9 billion in Q3[8] - Long-term net inflows of $9.8 billion, versus long-term net inflows of $7.8 billion in Q3[8] - Total ETF net inflows of $6.1 billion, including $4.7 billion in long-term ETF net inflows[8] Investment Performance - 55%, 58%, 61% and 70% of actively managed assets in top half of peer group on a 1-, 3-, 5-, and 10-year basis[8] Financial Results - Net revenues up 12.4% to $1,228.4 million from $1,092.5 million in Q3[8] - Adjusted operating income of $485.4 million compared to $406.7 million in Q3[8] - Adjusted operating margin increased to 39.5% in the quarter from 37.2% in Q3[8] - Adjusted diluted EPS increased to $0.72 versus $0.53 in Q3[8] Strategic Evaluation - Net savings of $200 million expected by the end of 2022, with $150 million (75%) of these savings to be achieved by the end of 2021[34]