ATLANTA, April 11, 2017 /PRNewswire/ -- Invesco Ltd. IVZ today reported preliminary month-end assets under management (AUM) of $834.8 billion, a decrease of 0.2% month over month. The decrease was driven by lower Money Market AUM and net long-term outflows, partially offset by favorable market returns, inflows into PowerShares QQQs and foreign exchange. FX increased AUM by $0.6 billion. Preliminary average total AUM for the quarter through March 31st were $829.8 billion, and preliminary average active AUM for the quarter through March 31st were $678.4 billion.
Additionally on March 30, Invesco extended its hedge of approximately 75% of the GBP-based operating income for each quarter by a half year, through June 30, 2018. This hedge is in the form of purchased put option contracts set at a strike level of $1.250 based on the average daily foreign exchange rate for the applicable time period.
|
Total Assets Under Management | ||||||
|
(in billions) |
Total |
Equity |
Fixed Income |
Balanced |
Money Market |
Alternatives |
|
March 31, 2017(a) |
$834.8 |
$381.8 |
$203.8 |
$48.9 |
$73.1(b) |
$127.2 |
|
February 28, 2017 |
$836.8 |
$379.6 |
$203.2 |
$48.6 |
$78.0 |
$127.4 |
|
January 31, 2017 |
$825.3 |
$371.3 |
$201.9 |
$47.9 |
$79.4 |
$124.8 |
|
December 31, 2016 |
$812.9 |
$364.1 |
$201.7 |
$46.8 |
$78.3 |
$122.0 |
|
Active (c) | ||||||
|
(in billions) |
Total |
Equity |
Fixed Income |
Balanced |
Money Market |
Alternatives |
|
March 31, 2017(a) |
$680.5 |
$280.6 |
$158.7 |
$48.9 |
$73.1(b) |
$119.2 |
|
February 28, 2017 |
$682.2 |
$279.9 |
$158.0 |
$48.6 |
$78.0 |
$117.7 |
|
January 31, 2017 |
$675.9 |
$275.8 |
$157.6 |
$47.9 |
$79.4 |
$115.2 |
|
December 31, 2016 |
$668.5 |
$270.6 |
$160.0 |
$46.8 |
$78.3 |
$112.8 |
|
Passive (c) | ||||||
|
(in billions) |
Total |
Equity |
Fixed Income |
Balanced |
Money Market |
Alternatives |
|
March 31, 2017(a) |
$154.3 |
$101.2 |
$45.1 |
$0.0 |
$0.0(b) |
$8.0 |
|
February 28, 2017 |
$154.6 |
$99.7 |
$45.2 |
$0.0 |
$0.0 |
$9.7 |
|
January 31, 2017 |
$149.4 |
$95.5 |
$44.3 |
$0.0 |
$0.0 |
$9.6 |
|
December 31, 2016 |
$144.4 |
$93.5 |
$41.7 |
$0.0 |
$0.0 |
$9.2 |
|
(a) Preliminary – subject to adjustment. | ||||||
|
(b) Preliminary - ending money market AUM include $65.2 billion in institutional money market AUM and $7.9 billion in retail money market AUM. | ||||||
|
(c) Passive AUM include ETF's, UIT's, non-fee earning leverage, foreign exchange overlays and other passive mandates. Active AUM are total AUM less passive AUM. | ||||||
About Invesco Ltd.
Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/invesco-ltd-announces-march-31-2017-assets-under-management-and-extension-of-foreign-exchange-hedges-300438164.html
SOURCE Invesco Ltd.
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