Record AUM
Invesco reached a record high of $2 trillion in assets under management, an 8% increase from the previous quarter and a 17% increase from the same quarter last year.
Strong Net Long-Term Asset Inflows
The company generated $15.6 billion in net long-term asset inflows, representing a 4.7% annualized growth rate.
Diversified Platform Performance
Invesco's global ETFs and index platform recorded 10% annualized organic growth with $12.6 billion of long-term net inflows in the quarter.
Improved Financial Metrics
Adjusted operating income increased by 3%, and operating margins expanded by 30 basis points compared to the same quarter last year.
Partnership with MassMutual and Barings
Invesco completed a $1 billion stock repurchase from MassMutual and announced a $150 million investment by MassMutual in the Invesco Dynamic Credit Opportunity Fund.
China JV Growth
Invesco's China JV reached a record high period-ending AUM of $105 billion, driven by $5.6 billion of net long-term inflows.