Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at or call 800-767-3771 ext.  9339.

Invesco Ltd. (IVZ - Analyst Report) recorded a rise in its preliminary month-end assets under management (AUM) for Jan 2013. The AUM for the month was $712.6 billion compared with $687.7 billion at the end of Dec 2012.

Favorable market returns as well as surge in both active and passive long-term inflows were the primary reasons for the rise. Yet, foreign exchange led to a $3.0 billion drop in AUM. At the end of the month, Invesco’s average assets stood at $703.4 billion, while the total value of average active assets was $584.7 billion.

In the month under review, Invesco’s preliminary active AUM was recorded at $591.9 billion, reflecting a 3.2% rise from $573.7 billion in the prior month. Similarly, preliminary passive AUM was $120.7 billion, increasing 5.9% from $114.0 billion in the earlier month.

At the end of Jan 2013, Invesco’s total equity assets surged 4.9% to $312.0 billion from $297.4 billion recorded at the end of Dec 2012. Also, fixed income assets edged up 1.3% to $174.2 billion from $171.9 billion in the preceding month.

Invesco’s balanced assets summed up to $65.7 billion, rising 5.8% from the previous month. Further, money market AUM came in at $76.2 billion in the reported month, improving 4.0% from the prior month’s level of $73.3 billion. Moreover, alternative AUM grew 1.8% from the prior month to $84.5 billion.

Among other investment managers, Franklin Resources Inc. (BEN - Analyst Report) announced preliminary AUM of $809.8 billion by its subsidiaries for Jan 31, 2013. This showed a 3.6% rise from $781.8 billion as of Dec 31, 2012 and 15.0% jump from $704.3 billion as of Jan 31, 2012.

Likewise, Legg Mason Inc. (LM - Analyst Report) reported a slight rise in its AUM in Jan 2013, compared with the prior month. Preliminary quarter-end AUM came in at $654.1 billion, up 0.8% compared with the prior month. Fixed Income AUM was down in the month under review, though liquidity AUM and Equity AUM advanced.

Invesco’s broad diversification strategy positions it comfortably to benefit from enhanced global investment flows. However, the unstable U.S. dollar, volatile equity markets and a sluggish economic recovery, along with mounting competition, make us apprehensive.

Currently, Invesco retains a Zacks Rank #3 (Hold). Another investment management company worth considering is Lazard Ltd. (LAZ - Analyst Report), which has a Zacks Rank #1 (Strong Buy).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%