Invesco on Thursday reported $803.6 billion in assets under management as of June 30, up 0.7% from three months earlier and flat from a year earlier.
Net inflows for the quarter ended June 30 were $3 billion, compared with net inflows of $1.7 billion during the previous quarter and net outflows of $8.8 billion in the quarter ended June 30, 2014.
Long-term active strategies saw net inflows of $5.4 billion in the second quarter of 2015, compared to net inflows of $6.8 billion in the first quarter and net outflows of $8 billion in the year-earlier quarter. Long-term passive strategies experienced net inflows of $500 million during the second quarter, compared to net inflows of $3.5 billion in the previous quarter and net inflows of $1.1 billion during the year-earlier period.
Invesco's PowerShares exchange-traded funds business saw net outflows of $300 million in the latest quarter vs. net outflows of $2.6 billion in the previous quarter. For the quarter ended June 30, 2014, the ETF business saw net outflows of $3 billion.
Invesco's money market business experienced net outflows of $2.6 billion during the second quarter vs. net outflows of $6 billion during quarter ended March 31. In the second quarter of 2014, the business saw net inflows of $1.1 billion.
Revenue came to $1.32 billion for the quarter ended June 30, up 2.1% from the first quarter and up 2.2% from the year-earlier quarter. Net income in the latest quarter, meanwhile, was $257.3 million, down 0.9% from the previous quarter and down 6.3% from the year-earlier period.
