Invesco (IVZ) Prelim. AUM Rose 0.4% in May
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Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $751.8 billion, an increase of 0.4% month over month. The increase was primarily due to favorable market returns and modestly positive long-term flows. FX decreased AUM by $4.7 billion during the month. Both active and passive AUM experienced modestly positive long-term flows. Preliminary average total AUM for the quarter through May 31 were $745.6 billion, and preliminary average active AUM for the quarter through May 31 were $619.1 billion.
As previously announced, the company has entered into an agreement to sell Atlantic Trust Private Wealth Management.
As previously announced, the company has entered into an agreement to sell Atlantic Trust Private Wealth Management.
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