Invesco provides investment management services to retail (70% of managed assets) and institutional (30%) clients. At the end of June 2021, the firm had $1.525 trillion in assets under management spread out among its equity (52% of AUM), balanced (6%), fixed-income (21%), alternative investment (12%), and money market (9%) operations. Passive products account for 30% of Invesco's total AUM, including 48% of the company's equity operations and 14% of its fixed-income platform. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside the U.S., with close to one third of its AUM sourced from Canada (2%), the U.K. (4%), continental Europe (11%), and Asia (15%).