News & Events zu Invesco Ltd (IVZ)IVZInvesco Ltd

Invesco Reports AUM Decrease to $2.45 Trillion

Invesco announced preliminary month-end assets under management of $2.45T, a decrease of 0.9% versus previous month-end. The firm delivered net long-term inflows of $8.6B in the month. Money market net inflows were $22.8B. AUM was negatively impacted by unfavorable market returns which decreased AUM by $59B. FX increased AUM by $4.6B. Preliminary average total AUM for the quarter through July 31 was $2.45T and preliminary average active AUM for the quarter through July 31 was $1.22T.

Company Reports Q2 Revenue of $1.33B

Reports Q2 revenue $1.33B, consensus $1.33B. "The momentum we are building as we execute against our strategic priorities is noteworthy. For the first half of the year, we posted record net long-term inflows of $67 billion, or 7% annualized organic growth, and generated record net revenues, with an increase of 17% over the same period last year. In the second quarter alone, we generated $45 billion of net long-term inflows. Net revenue growth was 5% and expenses were flat on a sequential quarter basis, reflecting our increasingly scaled platform and disciplined approach to expense management. This created significant operating leverage driving an adjusted operating margin expansion of 3 percentage points to 37.5% in the second quarter, with a 14% increase in adjusted operating income and a 25% increase in adjusted earnings per share. Furthermore, we have meaningfully improved our leverage ratio while increasing common share buybacks 80% year-to-date as compared to the first half of last year. Importantly, we have done this while continuing to invest in the business and positioning our product suite to meet ever-evolving global demand."

Notable Gainers Among Liquid Options Include PayPal and BlackRock

Notable gainers among liquid option names this morning include PayPal (PYPL) $53.85 +6.48, BlackRock (BLK) $1100.72 +75.28, Cintas (CTAS) $195.62 +11.29, Ares Management (ARES) $127.19 +6.89, and Invesco (IVZ) $30.18 +1.45.