Invesco on Thursday reported $792.4 billion in assets under management of as of Dec. 31, flat from the end of the previous quarter and up 2% from a year earlier.
Net outflows in the fourth quarter were $700 million, compared with net inflows of $2 billion during the third quarter and net inflows of $5.2 billion during the fourth quarter of 2013.
Long-term active strategies saw net inflows of $900 million, compared to net inflows of $6 billion in the third quarter and net inflows of $300 million in the year-earlier quarter.
Long-term passive strategies, meanwhile, experience net inflows of $1.6 billion during the fourth quarter, compared to no net flows in the previous quarter and net inflows of $700 million during the same period a year earlier.
Invesco's PowerShares exchange-traded funds business saw net outflows of $3.2 billion, the same amount as the previous quarter. For the quarter ended Dec. 31, 2013, the ETF business saw net inflows of $2.6 billion.
Flows for Invesco's money market business were flat in the fourth quarter, compared to net outflows of $800 million in the third quarter and net inflows of $1.6 billion during 2013's fourth quarter.
Revenue came to $905.8 million for the fourth quarter, down 1% from the third quarter but up 5.7% from the same quarter a year prior.
Net income in the latest quarter, meanwhile, was $272.6 million, down 2% from the previous quarter but up 5.6% from the year-earlier period.
