Invesco’s Operating Margin Increased to 17.9% in Q3-20

​​Invesco, a global independent investment management firm, has reported its financial results for the three months ended September 30, 2020, showing solid growth across all key metrics.

The long term net inflows for the quarter increase to $7.8 billion from the previous quarter’s  outflows of $14.2 billion. Net market gains and foreign exchange rate movements led to increases of $53.0 billion and $7.7 billion in AUM, respectively, during the third quarter. Ending AUM was up 6.4% from the second quarter, while average AUM increased 7.8% during the third quarter.

Invesco highlighted that operating margin increased to 17.9% compared to 8.3% in Q2, and adjusted operating margin improved to 37.2% during the third quarter, comparing to 34.8% in Q2.

Further, Invesco sees the diluted EPS increased to $0.41 compared to $0.09 in Q2, and the adjusted diluted EPS increased to $0.53 compared to $0.35 in Q2.

"Given the continued uncertainty in the economic environment driven by the global pandemic, we remained focused on providing solutions to help clients achieve their investment objectives while running a disciplined business," said Marty Flanagan, President and Chief Executive Officer of Invesco Ltd.

"We have invested in several macro trends that are shaping the future of our industry. As a result, we are now highly competitive in areas of strong demand, with the majority of our investment capabilities aligned with key future growth areas. We remain focused on meeting the needs of our clients in a challenging environment while running a disciplined business and working toward sustained organic growth," Marty added.