Amvescap agreed in September to pay $450 million to settle charges that it allowed improper trading practices in some of its funds. Net outflows for the quarter stood at $2.5 billion, compared with $7.6 billion in the last quarter of 2004.

The company said profits before tax  for the quarter fell 20% to $113.2 million. Once a dominant force in the Denver mutual fund scene, Invesco was folded into AIM in the aftermath of the trading scandal.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.