Summary by Moomoo AI
Invesco Ltd., a global investment management firm, announced on January 10, 2024, that its preliminary assets under management (AUM) for the month ending December 31, 2023, reached $1,585.3 billion, marking a 2.8% increase from the previous month. The company experienced net long-term inflows of $5.1 billion, despite non-management fee earning net outflows of $1.3 billion and money market net outflows of $13.0 billion. The rise in AUM was attributed to favorable market returns, which contributed an increase of $39 billion, and FX and reinvested distributions, which added another $13.3 billion. Invesco reported preliminary average total AUM for the quarter at $1,515.6 billion and preliminary average active AUM at $966.5 billion. The firm's investment portfolio includes a mix of equity, fixed income, balanced, money market, and alternative investments, with both active and passive management strategies.