Invesco AUM jumps 19.3% in 2021

Invesco reported assets under management of $1.61 trillion as of Dec. 31, a 5.4% increase from three months earlier and a 19.3% jump from a year earlier, the company said in a news release Tuesday.

Long-term net inflows amounted to $12.5 billion in the fourth quarter, down from $13.3 billion of net inflows in the third quarter, but up from $9.8 billion in net inflows in the fourth quarter of 2020.

The fourth quarter "marked six consecutive quarters of net long-term inflows," said Martin L. Flanagan, president and CEO of Invesco, in the release.

Long-term net inflows for passive assets rose to $10.7 billion in the fourth quarter from $6.5 billion in the previous quarter, and up from $9.4 billion in the year-earlier quarter.

Meanwhile, long-term net inflows for active assets plunged to $1.8 billion in the fourth quarter from $6.8 billion in the third quarter, but up from $400 million in the fourth quarter of 2020.

Institutional long-term net inflows amounted to $9.5 billion in the fourth quarter, down from $11.5 billion in the previous quarter and down from $10.6 billion in the year-earlier quarter. Fourth-quarter institutional long-term net inflows "were driven by inflows into the Asia-Pacific region," Invesco said in the release.

Retail long-term net inflows totaled $3 billion in the fourth quarter, up from $1.8 billion in the third quarter, and compared with net outflows of $800 million in the fourth quarter of 2020. Retail long-term net inflows in the fourth quarter of 2021 were "driven by $8.8 billion of net long-term inflows into global ETF products, partially offset by net long-term outflows of active retail products," Invesco added in the release.