Invesco Ltd. (NYSE:IVZ) Q3 2023 Earnings Conference Call October 24, 2023 9:00 AM ET

Company Participants

Greg Ketron - Head, IR

Marty Flanagan - Chairman Emeritus

Andrew Schlossberg - President and CEO

Allison Dukes - CFO

Conference Call Participants

Glenn Schorr - Evercore

Craig Siegenthaler - Bank of America

Daniel Fannon - Jefferies

Ken Worthington - JPMorgan

Brennan Hawken - UBS

Michael Cyprys - Morgan Stanley

Brian Bedell - Deutsche Bank

Alex Blostein - Goldman Sachs

Patrick Davitt - Autonomous Research

Finian O'Shea - Wells Fargo Securities

Operator

Welcome to Invesco's Third Quarter Earnings Conference Call. All participants will be in a listen-only mode until the question-and-answer session. [Operator Instructions] As a reminder, today's call is also being recorded.

Now, I'd like to turn the call over to Greg Ketron, Invesco's Head of Investor Relations. Thank you. You may begin.

Greg Ketron

Okay. Thanks operator and to all of you joining us today. In addition to today's press release, we've provided a presentation that covers the topics we plan to address. The press release and presentation are available on our website, invesco.com. This information can be found by going to the Investor Relations section of the website.

Our presentation today will include forward-looking statements and certain non-GAAP financial measures. Please review the disclosures on Slide 2 of the presentation regarding these statements and measures as well as the appendix or the appropriate reconciliations to GAAP.

Finally, Invesco is not responsible for and does not edit nor guarantee the accuracy of our earnings teleconference transcripts provided by third-parties. The only authorized webcast are located on our website.

Andrew Schlossberg, President and CEO; and Allison Dukes, Chief Financial Officer will present our results this morning and then we will open the call up for questions.

I'll now turn the call over to Andrew.

Andrew Schlossberg

Thanks Greg and good morning to everyone. I'm pleased to be speaking with you today. But before I begin my commentary on the quarter, I did want to take a moment to acknowledge the humanitarian crisis in the Middle East. We are deeply saddened by the loss of life and devastation and the impact it's had on civilians across the region. We're focused on the safety and the well-being of our colleagues and their families and our thoughts are with everyone who has been impacted by the heartbreaking recent events.

But now turning to the topic of the third quarter earnings, I'll start today's presentation on Slide 3. Volatility and uncertainty continue to define global financial markets with interest rates rising and investors awaiting more clarity from central bankers, there's an extraordinary amount of cash that's been moved to the sidelines where investors can earn acceptable returns, while they await more certainty.