Invesco Ltd. IVZ today reported preliminary month-end assets under management of $668.4 billion, a decrease of 0.7% month over month. During the month, the positive impact from foreign exchange of $2.3 billion was offset by total net outflows and market depreciation.
Total net long-term outflows were largely due to outflows of $2.6 billion in the Invesco PowerShares QQQ and a previously reported $0.9 billion active fixed income outflow from the UK. Total average assets for the quarter through April were $667.3 billion and average active assets for the quarter through April 30 were $556.3 billion.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in