ATLANTA, June 11, 2019 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,159.3 billion, an increase of 18.9%. The increase was driven by the OppenheimerFunds combination, modest net long-term inflows and reinvested distributions, partially offset by unfavorable market returns, lower money market AUM, foreign exchange, and non-management fee earning AUM outflows. FX decreased AUM by $3.7 billion. Excluding the acquisition, assets under management (AUM) decreased 3.9% month over month. Completion of the OppenheimerFunds combination on May 24 increased month-end AUM by $222.3 billion (See Note 1). Additionally, the company reclassified certain AUM between asset classes; all periods have been restated to reflect the change (See Note 2). Preliminary average total AUM for the quarter through May 31 were $990.2 billion, and preliminary average active AUM for the quarter through May 31 were $732.5 billion.
Total Assets Under Management |
||||||
(in billions) |
Total |
Equity |
Fixed |
Balanced |
Money |
Alternatives |
May 31, 2019(a) |
$1,159.3 |
$543.0 |
$269.0 |
$61.7 |
$96.3 |
$189.3 |
April 30, 2019 |
$975.2 |
$426.5 |
$223.4 |
$60.4 |
$97.4 |
$167.5 |
March 31, 2019 |
$954.8 |
$412.5 |
$220.3 |
$58.2 |
$97.0 |
$166.8 |
February 28, 2019 |
$945.7 |
$408.9 |
$213.8 |
$58.5 |
$97.2 |
$167.3 |
Active (b) |
||||||
(in billions) |
Total |
Equity |
Fixed |
Balanced |
Money |
Alternatives |
May 31, 2019(a) |
$905.2 |
$362.1 |
$214.1 |
$60.9 |
$96.3 |
$171.8 |
April 30, 2019 |
$713.6 |
$237.5 |
$169.5 |
$59.6 |
$97.4 |
$149.6 |
March 31, 2019 |
$704.3 |
$233.6 |
$167.4 |
$57.4 |
$97.0 |
$148.9 |
February 28, 2019 |
$702.9 |
$234.3 |
$165.0 |
$57.7 |
$97.2 |
$148.7 |
Passive (b) |
||||||
(in billions) |
Total |
Equity |
Fixed |
Balanced |
Money |
Alternatives |
May 31, 2019(a) |
$254.1 |
$180.9 |
$54.9 |
$0.8 |
$0.0 |
$17.5 |
April 30, 2019 |
$261.6 |
$189.0 |
$53.9 |
$0.8 |
$0.0 |
$17.9 |
March 31, 2019 |
$250.5 |
$178.9 |
$52.9 |
$0.8 |
$0.0 |
$17.9 |
February 28, 2019 |
$242.8 |
$174.6 |
$48.8 |
$0.8 |
$0.0 |
$18.6 |
(1) |
AUM month-end increase of $222.3 billion resulting from the Oppenheimer Funds combination added $147.7 billion to Equity, $42.6 billion to Fixed Income, $3.7 billion to Balanced, $3.8 billion to Money Market, and $24.5 billion to Alternatives at month end. AUM acquisition value on May 24 was $224.4 billion. |
(2) |
AUM reclassifications resulted in AUM increases/(decreases) by asset class: ($19.4 billion) of Equity; ($17.1 billion) of Fixed Income; $9.5 billion of Balanced; ($1.1 billion) of Money Market; $28.1 billion of Alternatives. |
(a) |
Preliminary – subject to adjustment. |
(b) |
Passive AUM include index-based 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.
SOURCE Invesco Ltd.
Share this article