Assets Under Management at Ten Major US Asset Managers Rise 2.5% to $8,458.3B in August

Industry
โดย Seeking Alpha·US·Read original
Summary · why it matters

Aggregate assets under management at ten major U.S. asset managers rose 2.5% from the prior month to $8,458.3B in August, and were up 14.1% year over year. New York-based WisdomTree posted the biggest month-over-month increase among the ten, with its assets under management rising to roughly $173.7B at the end of August from $163B at the start of the month on $2.1B of net inflows. Atlanta, Georgia-based Invesco increased its August AUM to $2,562.1B, delivering net long-term inflows of $27.6B and money market net inflows of $35.8B, helped by favorable market returns and foreign exchange. Victory Capital saw its August-end AUM rise to $356.5B from $345.1B, with client assets increasing to $360.2B from $348.8B. The benchmark S&P 500 Index was up 2.6% to 7,686.4 points in August, while its accompanying State Street SPDR S&P 500 ETF Trust saw net outflows of $4.6B during the month.

Impact on stocks 10

Financials · 8 stocks
Invesco Plc
IVZ
▲ PositiveCapitalrelevance

Invesco's August AUM rose to $2,562.1B on $27.6B net long-term inflows and $35.8B money market inflows.

Digital Finance & Tokenization · 2 stocks
WisdomTree Inc.
WT
▲ PositiveCapitalrelevance

WisdomTree posted the biggest month-over-month AUM increase among the ten, rising to ~$173.7B on $2.1B of net inflows.