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Invesco AUM falls in September on market losses, outflows
Seeking Alpha ·
Seeking Alpha reports: Invesco reported preliminary month-end assets under management of $2.54T, down 0.9% from the previous month, with $1.1B in net long-term outflows and $5.7B in money market net outflows. Unfavorable market returns reduced AUM by $16B, while foreign exchange movements lowered it by $2.7B. Reinvested distributions partially offset the declines, adding $0.9B. Preliminary average total AUM for the quarter ended September 30 was $2.51T, while average active AUM was $1.25T.…
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Hawkish Fed triggers emerging market outflows in SeptemberRead story summary
Foreign investors pulled $26.3 billion out of emerging market stocks and bonds in September, the first monthly outflow since June, as a hawkish US Federal Reserve drove up yields and the dollar, a report by the Institute of International Finance showed on Wednesday. Non-resident investors pulled $7 billion from the emerging market fixed income sector last ...
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