Invesco on Thursday reported $798.3 billion in assets under management as of March 31, flat from three months earlier and up 1.4% from a year earlier.
Net inflows for the first quarter were $1.7 billion, compared with net outflows of $700 million during the fourth quarter of 2014 and net outflows of $900 million in the first quarter of 2014.
Long-term active strategies saw net inflows of $6.8 billion in the first quarter of 2015, compared to net inflows of $900 million in the fourth quarter of 2014 and net inflows of $3.2 billion in the year-earlier quarter.
Long-term passive strategies, meanwhile, experienced net inflows of $3.5 billion during the first quarter, compared to net inflows of $1.6 billion in the previous quarter and net inflows of $3.3 billion during the same period a year earlier.
Invesco's PowerShares exchange-traded funds business saw net outflows of $2.6 billion vs. net outflows of $3.2 billion in the previous quarter. For the quarter ended March 31, 2014, the ETF business saw net outflows of $1.3 billion.
Invesco's money market business experienced net outflows of $6 billion during the first quarter, compared to no net flows in the fourth quarter and net outflows of $6.1 billion during first quarter of 2014.
Revenue came to $1.29 billion for the quarter ended March 31, up 1.2% from the fourth quarter and up 1.7% from the year-earlier quarter.
Net income in the latest quarter, meanwhile, was $272.1 million, flat from the previous quarter but up 4% from the year-earlier period.
