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Invesco Assets Fall 3.3% to $2.45 Trillion in October

The company attributed $51 billion of the decline to unfavorable market returns and reported $32.9 billion in money-market net outflows.

Updated 1 min read
Office workers enter Invesco’s headquarters on Spring Street in Atlanta, Georgia. / EconoTimes.ai
Office workers enter Invesco’s headquarters on Spring Street in Atlanta, Georgia. / EconoTimes.ai

Invesco Ltd. reported $2,453.5 billion in assets under management (AUM) at Oct. 31, a 3.3% decrease from September as unfavorable market returns trimmed $51 billion from the total, according to the company.

At Sept. 30, AUM was $2,537.8 billion; the company had recorded $35.1 billion in net long-term inflows for the third quarter, as detailed in our coverage of Invesco’s third-quarter results. AUM stood at $2,562.1 billion at Aug. 31.

October flows included $32.9 billion in net outflows from money-market products and $1.0 billion in net long-term outflows. Foreign-exchange movements added $0.6 billion to AUM.

Preliminary average total AUM for the quarter through Oct. 31 was $2,516.0 billion, while preliminary average active AUM was $1,234.0 billion. Invesco marked the October data as preliminary and said revisions may follow.

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