Invesco today reported $470.3 billion in assets under management as of March 31, down 6% from the prior quarter and a scant 0.2% lower than the year before. In a news release, Invesco reported net inflows of $1.2 billion for the quarter, with money market gains of $9.6 billion offsetting outflows of $8.4 billion for long-term equity and bond products. The fourth quarter saw net outflows of $1.5 billion, with money market inflows of $3.5 billion and long-term outflows of $5 billion. For the latest quarter, market-related losses shaved another $33.5 billion from the firms AUM, up sharply from $5 billion for the prior quarter. Net income for the latest quarter came to $155.2 million, down 12% from the prior quarter but unchanged from the year before. Operating revenues, meanwhile, came to $910.4 million, down 11% from the prior quarter but up 1.1% from the year before.
AUM declines reported at Invesco
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