Invesco has registered a net income attributable to common shareholders of $259.6m on a GAAP basis for the first quarter of 2015, up 38.2% compared with $187.8m a year ago.
For the quarter ended 31 March 2015, GAAP operating revenues were $1.29bn, an increase of 2.3% from $1.26bn in the corresponding quarter of 2014.
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Adjusted net revenue increased 3.3% to $917.5m as against $887.8m in the year ago first quarter.
The group’s total assets under management (AUM) stood at $798.3bn, a marginal rise of 1.3% from $787.3bn in the prior year quarter.
The firm posted long-term net inflows of $10.3bn in the first quarter.
Invesco president and CEO Martin Flanagan said, "Invesco continues to provide strong, long-term investment performance to our clients, which contributed to long-term net inflows of $10.3 billion during the first quarter. By focusing on delivering excellent outcomes to our clients, we achieved strong flows across our institutional and retail channels, and the highest active flows in two years. Reflecting continued confidence in the fundamentals of our business, we are raising our dividend 8% to 27 cents per share."
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