The Atlanta-based Invesco Ltd [profile], excluding some items, meets analysts estimates of 44 cents per share in their first quarter results, reports Reuters. First income profits increased by 9 percent.

The $672.8 billion fund manager's net income was $193.9 million or 43 cents a share, which topped last year's $177.5 million or 38 cents a share, said Invesco executives.

Total assets under management increased by 8 percent during the first quarter, and an added net $8.1 billion to funds and accounts were brought in by customers. 

Edited by: HFD


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