ATLANTA, Oct. 11, 2016
/PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported
preliminary month-end assets under management (AUM) of $820.2 billion. Net long-term inflows and
favorable market returns were more than offset by lower money
market AUM and outflows in the PowerShares QQQs for a modest
decrease in AUM of 0.1% month over month. FX decreased AUM by
$0.3 billion. Preliminary
average total AUM for the quarter through September 30th were $814.1
billion, and preliminary average active AUM for the quarter
through September 30th were
$673.1 billion.
Additionally on September
20th, Invesco extended its hedge of 75% of the
GBP-based operating income for each quarter through December 31, 2017. On the same day, the Company
purchased a series of contracts to hedge 75% of the EUR-based
operating income for each quarter from the fourth quarter of 2016
through the fourth quarter of 2017. These hedges are in the
form of purchased put option contracts set at a strike level of
$1.2496 (GBP) and 1.0719 (EUR) based
on the average daily foreign exchange rate for the applicable time
period. The gains derived from these hedges would help offset
the impact on earnings per share resulting from a decline in the
GBP or EUR exchange rates.
Total Assets Under
Management
|
(in
billions)
|
Total
|
Equity
|
Fixed
Income
|
Balanced
|
Money
Market
|
Alternatives
|
September 30,
2016(a)
|
$820.2
|
$365.3
|
$207.0
|
$48.9
|
$77.2(b)
|
$121.8
|
August 31,
2016
|
$821.0
|
$367.0
|
$205.0
|
$48.7
|
$80.2
|
$120.1
|
July 31,
2016
|
$811.8
|
$366.6
|
$202.7
|
$48.3
|
$75.0
|
$119.2
|
June 30,
2016
|
$779.6
|
$348.8
|
$196.3
|
$47.4
|
$71.1
|
$116.0
|
Active
(c)
|
(in
billions)
|
Total
|
Equity
|
Fixed
Income
|
Balanced
|
Money
Market
|
Alternatives
|
September 30,
2016(a)
|
$676.9
|
$273.7
|
$164.6
|
$48.9
|
$77.1(b)
|
$112.6
|
August 31,
2016
|
$677.9
|
$274.6
|
$163.7
|
$48.7
|
$80.1
|
$110.8
|
July 31,
2016
|
$670.6
|
$274.8
|
$162.9
|
$48.3
|
$74.9
|
$109.7
|
June 30,
2016
|
$646.1
|
$263.9
|
$157.4
|
$47.4
|
$70.9
|
$106.5
|
Passive
(c)
|
(in
billions)
|
Total
|
Equity
|
Fixed
Income
|
Balanced
|
Money
Market
|
Alternatives
|
September 30,
2016(a)
|
$143.3
|
$91.6
|
$42.4
|
$0.0
|
$0.1(b)
|
$9.2
|
August 31,
2016
|
$143.1
|
$92.4
|
$41.3
|
$0.0
|
$0.1
|
$9.3
|
July 31,
2016
|
$141.2
|
$91.8
|
$39.8
|
$0.0
|
$0.1
|
$9.5
|
June 30,
2016
|
$133.5
|
$84.9
|
$38.9
|
$0.0
|
$0.2
|
$9.5
|
(a) Preliminary – subject to adjustment.
(b)
Preliminary - ending money market AUM include $69.2 billion in institutional money market AUM
and $8.0 billion in retail money
market AUM.
(c) Passive AUM include ETF's, UIT's, non-fee earning leverage,
foreign exchange overlays and other passive mandates. Active
AUM are total AUM less passive AUM.
About Invesco Ltd.
Invesco is an independent
investment management firm dedicated to delivering an investment
experience that helps people get more out of life. NYSE: IVZ;
www.invesco.com.
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SOURCE Invesco Ltd.