Invesco Ltd. Announces March 31, 2017 Assets Under Management and Extension of Foreign Exchange Hedges
April 11 2017 - 4:15PM
PR Newswire (US)
ATLANTA, April 11, 2017 /PRNewswire/ -- Invesco Ltd.
(NYSE: IVZ) today reported preliminary month-end assets under
management (AUM) of $834.8 billion, a
decrease of 0.2% month over month. The decrease was driven by lower
Money Market AUM and net long-term outflows, partially offset by
favorable market returns, inflows into PowerShares QQQs and foreign
exchange. FX increased AUM by $0.6
billion. Preliminary average total AUM for the quarter
through March 31st were
$829.8 billion, and preliminary
average active AUM for the quarter through March 31st were $678.4 billion.
Additionally on March 30, Invesco
extended its hedge of approximately 75% of the GBP-based operating
income for each quarter by a half year, through June 30, 2018. This hedge is in the form of
purchased put option contracts set at a strike level of
$1.250 based on the average daily
foreign exchange rate for the applicable time period.
|
Total Assets Under
Management
|
|
(in
billions)
|
Total
|
Equity
|
Fixed
Income
|
Balanced
|
Money
Market
|
Alternatives
|
|
March 31,
2017(a)
|
$834.8
|
$381.8
|
$203.8
|
$48.9
|
$73.1(b)
|
$127.2
|
|
February 28,
2017
|
$836.8
|
$379.6
|
$203.2
|
$48.6
|
$78.0
|
$127.4
|
|
January 31,
2017
|
$825.3
|
$371.3
|
$201.9
|
$47.9
|
$79.4
|
$124.8
|
|
December 31,
2016
|
$812.9
|
$364.1
|
$201.7
|
$46.8
|
$78.3
|
$122.0
|
|
Active
(c)
|
|
(in
billions)
|
Total
|
Equity
|
Fixed
Income
|
Balanced
|
Money
Market
|
Alternatives
|
|
March 31,
2017(a)
|
$680.5
|
$280.6
|
$158.7
|
$48.9
|
$73.1(b)
|
$119.2
|
|
February 28,
2017
|
$682.2
|
$279.9
|
$158.0
|
$48.6
|
$78.0
|
$117.7
|
|
January 31,
2017
|
$675.9
|
$275.8
|
$157.6
|
$47.9
|
$79.4
|
$115.2
|
|
December 31,
2016
|
$668.5
|
$270.6
|
$160.0
|
$46.8
|
$78.3
|
$112.8
|
|
Passive
(c)
|
|
(in
billions)
|
Total
|
Equity
|
Fixed
Income
|
Balanced
|
Money
Market
|
Alternatives
|
|
March 31,
2017(a)
|
$154.3
|
$101.2
|
$45.1
|
$0.0
|
$0.0(b)
|
$8.0
|
|
February 28,
2017
|
$154.6
|
$99.7
|
$45.2
|
$0.0
|
$0.0
|
$9.7
|
|
January 31,
2017
|
$149.4
|
$95.5
|
$44.3
|
$0.0
|
$0.0
|
$9.6
|
|
December 31,
2016
|
$144.4
|
$93.5
|
$41.7
|
$0.0
|
$0.0
|
$9.2
|
|
|
(a) Preliminary –
subject to adjustment.
|
|
(b) Preliminary -
ending money market AUM include $65.2 billion in institutional
money market AUM and $7.9 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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/invesco-ltd-announces-march-31-2017-assets-under-management-and-extension-of-foreign-exchange-hedges-300438164.html
SOURCE Invesco Ltd.
Copyright 2017 PR Newswire
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