Invesco third-quarter profit rises 34 percent

Thursday, 31 Oct 2013 | 7:41 AM ET

Oct 31 (Reuters) - Asset manager Invesco Ltd said on Thursday its third-quarter profit rose 34.2 percent due to strong net inflows across a range of investments during the quarter.

The Atlanta-based money manager, which oversees the PowerShares line of exchange-traded funds, said net profit rose to $228.1 million, or 51 cents per share, from $170.6 million, or 38 cents per share, a year earlier.

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