Jefferies Comments on Invesco Total AUM

“IVZ reported June 30th total AUM of $653.7B, down 1.2% m/m and slightly below our $655B estimate,” Jefferies wrote in a report focusing on Invesco (NYSE: IVZ).

“Importantly, total long term flows were positive highlighted by flows into fixed income and alternatives. Not surprisingly, flow trends within actively managed equity funds moderated m/m as overall industry flows deteriorated.”

Invesco closed Tuesday at $22.20.