Invesco Ltd. (IVZ) Reports Decline in May Assets Under Management
Get Alerts IVZ Hot Sheet
Price: $30.50 +0.39%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.1%
EPS Growth %: +19.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.1%
EPS Growth %: +19.7%
Join SI Premium – FREE
Invesco Ltd. (NYSE: IVZ) reported preliminary month-end assets under management of $632.1 billion, a decrease of 5.4% month over month.
The decrease was largely the result of negative market returns and unfavorable foreign exchange. FX decreased AUM by $7.1 billion in the month.
During the month, total net-long term flows were negative, driven largely by Passive outflows from the PowerShares DB and PowerShares QQQ products as well as a Stable Value client termination reported in Active fixed income.
The decrease was largely the result of negative market returns and unfavorable foreign exchange. FX decreased AUM by $7.1 billion in the month.
During the month, total net-long term flows were negative, driven largely by Passive outflows from the PowerShares DB and PowerShares QQQ products as well as a Stable Value client termination reported in Active fixed income.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Centinel Spine Holdco (CNTL) files for IPO
- loanDepot secures $125M repurchase agreement with Nomura
- lululemon names new CPO and COO, two executives to depart
Create E-mail Alert Related Categories
Corporate News, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share